News
Fordham University Taps Geeta Kapadia as CIO
Downsides of Direct Indexing: Tracking Error and Less Diversification
Research Affiliates assesses how tailoring indexes to investors’ tastes carries its own weaknesses.
Kentucky Public Pensions Lose 5.7% in Fiscal Year 2022
Despite the loss, the commonwealth’s pension funds just beat out their benchmark’s performance.
A Buybacks Tax Would Have Just Minor Effect, Some Strategists Say
The 1% levy in a Senate-passed bill shouldn’t deter the repurchase trend much, they think.
Don’t Call It a Comeback: Plan Sponsors Could Thaw Frozen Defined Benefit Plans
Japan’s GPIF Loses $28 Billion in First Quarter of Fiscal Year 2022
A Fed Pivot? Not a Chance, Says the Futures Market
The expectation is wrong idea that the Federal Reserve will cease its tightening and lower rates, CME contracts suggest.
Teamsters’ Plan to Claim Most of Latest PBGC Aid
More than $800 million from Special Financial Assistance Program will help two pension funds covering more than 22,000 participants.
19 GOP Attorneys General Slam BlackRock Over ESG Investments
‘Fiduciary duty is not lip service,’ says August 4 letter, which is addressed to CEO Larry Fink and seeks ‘clarification on actions that appear to have been motivated by interests other than maximizing financial return.’
Why Have Stocks and Bonds Been Correlated Lately?
In three decades, both asset classes went south at the same time in only nine quarters, and two of them occurred this year, says Panama’s Santiago.
CalSTRS Loses 1.3% in Fiscal Year 2022
Market slump causes $262 billion drop in U.S. public pensions’ funding levels in June.
Don’t Miss Out: Nominate for the CIO Innovation Awards by August 28
NY State Pension Returns 9.5% in FY 2022, While NYC Pensions Lose 8.65%
New York State Common Retirement Fund benefits from having a fiscal year that ended before the second-quarter market slump.
Governor Moves to Bar Florida SBA From ESG Investing
Although the state's funds are hardly a hotbed of climate activism, DeSantis joins other GOP pols in opposing ‘woke capital.’
