Projected S&P 500 profits rose just 6.7% in the second quarter, and even slower results are ahead. Not good for stocks, the firm contends.
Despite the loss, the pension fund beat its benchmark by 53 basis points.
The Teachers’ Retirement System of the State of Illinois earmarked over $1 billion for alts.
New law, signed by Biden Tuesday, funnels $370 billion to help electric vehicle sales.
Central banks in emerging markets have hiked at different speeds, with the best currency gains going to an aggressive Brazil.
Canadian pension giant’s net assets fall C$16 billion to C$523 billion.
Previous energy sector reviews have so far led the $272 billion pension fund to divest from 55 companies.
In a tough time for investments, the fund logs a 1% portfolio increase.
She succeeds Liza Crisafi, who retired after 15 years at San Diego City Employees’ Retirement System.
The total funding shortfall for more than 1,200 plans balloons by $85 billion in six months.
Research Affiliates assesses how tailoring indexes to investors’ tastes carries its own weaknesses.
Despite the loss, the commonwealth’s pension funds just beat out their benchmark’s performance.