News
How New Proposed Antitrust Regs May Make Things Tougher for M&A
The proposed disclosure rules in the White House’s antitrust push could make filing for deals more difficult, critics argue.
News
News
Bank of England to Apply Stress Tests to Pension Funds, Hedge Funds, Asset Managers
The exercise aims to increase understanding of banks’ and other financial institutions’ behavior in stressed market conditions.
Asset Allocation
Wisconsin Economic Development Corp. Hires Senior Investment Director
Greg Williamson will oversee the WEDC’s new Wisconsin Investment Fund.
Regulation
House Democrats Express Misgivings About Some Market Structure Proposals
House Republicans have opposed these proposals for some time, but Democratic skepticism is also emerging.
Risk
Goldman: Look for EMs to Overtake US in Stock Valuation by 2030
In 2035, emerging markets will gain a slight edge, and they will have a clear lead by 2050: 47% to 27% of global capitalization.
Asset Allocation
For Trend-Setting Family Offices—and Those Following Their Lead—Timing Is Key
Investors are sensing a regime shift in the market, but capturing it will take careful planning.
Regulation
Republican Spending Bill Would Cut SEC Budget, Block Market Structure Proposals
The legislation would also cut spending by the SEC and the IRS, targeting the agencies’ enforcement budgets.
Asset Allocation
Who Will Be Long-Term Post-Pandemic Investment Winners?
Companies that achieved tech advantages (such as Microsoft) and pricing power (John Deere) will triumph, says JPM’s Jared Gross.
Risk
CalPERS, CalSTRS, Genworth Among Those Affected by MOVEit Data Breach
Third-party vendor PBI Research Services is blamed for not initially revealing the scope of the hack.
Newsmakers
Samantha DeZur Promoted to Head of BlackRock US Public Policy Unit
The asset manager overhauls the leadership of its federal and state policy advocacy group.
Research
AI Investment Is Booming—What Happens When It Flags?
With tighter regulation on the way and the potential for firms to feign artificial intelligence influence, SocGen recommends a diverse approach.
Newsmakers
New York Common Signs Political Disclosure Agreements With 7 Firms
State Comptroller Thomas DiNapoli warns that firms ‘that engage in political spending risk damaging their reputations.’
Regulation
PBGC Adjusts Quarterly, Monthly Interest Rates
Interest rates for late payment liability, ERISA 4044 annuity discount rates and variable rate premiums have been adjusted, the PBGC announced.
Manager Selection
MetLife CIO Steven Goulart to Retire in August
The firm has a mandatory age-65 retirement policy, although it has been waived in the past; several corresponding promotions were also announced.
Manager Selection
New Nest CIO Elizabeth Fernando Plans Steady-as-We-Go Strategy
Move into alts, doubts about emerging markets, and criticism of Shell highlight the pension program’s direction.