News
CalSTRS Moves to Lower Holdings of Carbon Emitters
Pension fund wants to halve its investment exposure to them by 2030.
Delaware Enacts Private-Sector Retirement Mandate
Wall Street Nervously Waits for the Jobs Report
Investors hope for a low number, which could mollify a hawkish Federal Reserve.
Allocators Rebalance Too Often, JPM Says
Instead of rebalancing quarterly or monthly, do it annually, and more strategically, the firm advises.
Public Funds Are Among Strongest Backers of ESG Resolutions
Cedars-Sinai Names Pasy Wang as First CIO
Wang leaves CalTech after nearly 13 years to take on newly created position at the health care nonprofit.
Welcome to September, the Worst Month for Stocks
Over the past three-quarters of a century, the market has lost an average 0.56% during the upcoming month, CFRA data show.
Robert Wood Johnson Foundation Seeks New CIO
The $12.7 billion foundation is looking to replace Brian O’Neil, who is retiring at the end of the year.
When Will the Fed Be Done With Its Rate Increases?
ESG Head Leaves Texas Teachers’ Pension
The Teacher Retirement System of Texas is required by law to boycott companies that divest fossil fuels.
Dividends Romp in the 2nd Quarter, But Don’t Get Used to It
While company payouts hit a record, economic problems should slow that pace up ahead, a Janus Henderson study warns.
Guru Wien’s Investor Read Is Downbeat
They are worried about the pandemic, GDP, inflation and Ukraine, he finds.
Bill Ackman Picks Ryan Israel to Lead ‘Pie Truck Contingency Plan’
Billionaire investor says ‘once-in-a-generation talent' is his choice to take over if pie hauler kills him.
