News
Sovereign Wealth Funds Reap Benefits of Pandemic Dislocation
Direct investments by sovereign wealth funds rise to record level in 2021.
News
News
Penn State Deputy CIO Sonali Dalal Named CIO at University of St. Thomas
Dalal will lead a new in-house investment office starting in August.
Risk
Should We Even Care If the Yield Curve Inverts?
It’s a classic recession portent. But inversion’s predictive record is spotty.
Asset Allocation
Pension Advocate Calls for ESG Regulation and Legislation to Guide Canadian Plans
The Association of Canadian Pension Management says administrators are in the dark about ESG fiduciary duties.
Regulation
NFT Marketplace Worker Charged With Wire Fraud and Money Laundering
Nathaniel Chastain was arrested for what the Justice Department calls the ‘first ever digital asset insider trading scheme.’
Risk
Can the Fed Drive 75? Will It?
A lot of central bank observers think inflation is dire enough to go for the big 0.75 percentage point rate increase.
Newsmakers
Swedish Pension Fund AP3 Names Staffan Hansén CEO
Hansén will take over the $49.5 billion fund for retiring CEO Kerstin Hessius by no later than December 1.
Asset Allocation
How Come ETF Inflows Are Up, but Stocks and Bonds Are Down?
Riddle No. 2: Why are energy funds not the king of new investment dollars?
Newsmakers
De Blasio Calls on NY Pension Funds to Divest Guns and Ammo Investments
Former NYC mayor cites gunmaker investments held by the state’s two largest pension funds.
Manager Selection
Sebastien Betermier Named Executive Director of ICPM
New chief has an academic background with a research focus on pension sustainability.
Newsmakers
Charles Nielsen Is Appointed CIO of Mississippi PERS
Nielsen has served the retirement system since 1998.
Asset Allocation
How Private Equity Can Ride Out the Rough Patch
PitchBook has some ideas for deploying all that dry powder, to take advantage of bargains.
Newsmakers
Conflicting Data on Corporate Pension Funded Status for May
Some consultants report an increase in funded ratios, others report a decrease, while others report minimal change.
Risk
Unease About Continued High Inflation Dogs the Market
A higher May CPI is not good news for the markets.
Newsmakers
Providence Voters Approve of $515 Million in Pension Obligation Bonds
The risky move has the potential to either help the pension crawl out of debt or make a bad situation worse.