Newsmakers
Wilshire Advisors Hit by Cyber Attack
Firm announces it was the target of a ransomware attack in early March.
News
Newsmakers
Chile Rejects Two Pension Withdrawal Proposals
Politicians struggle to balance inflation fears with populist demands.
Asset Allocation
NY State Pension Commits Over $2 Billion for Private Equity, Real Estate
The Common Retirement Fund also earmarks investments in absolute return and credit.
Regulation
Private Funds, ESG, Crypto Among SEC’s Priorities in 2022
The regulator released its annual report identifying the greatest risks facing investors and the markets.
Asset Allocation
Maine Pension Plan Eyes Asset Allocation Shift
The proposal’s aim is to reduce risk and enhance income, report to trustees says.
Newsmakers
Wall Street Doesn’t Seem Very Impressed With Musk’s Bid for Twitter
The social media firm’s stock hasn’t risen much since his offer was unveiled.
Newsmakers
Connecticut Treasurer Shawn Wooden Won’t Seek Reelection
The surprise decision comes after a little more than three years on the job.
Manager Selection
A $350,000 Increase in CIO Pay Could Lead to 60 Basis Points of Outperformance, Says New Study
More surprisingly, the study also found that performance-based compensation did not improve investment returns.
Asset Allocation
Venture Capital Is in the Dumps, But the Money Keeps Rolling In
While IPO paydays have dwindled, first-quarter VC investments outpaced all of 2021’s.
Newsmakers
What France’s First-Round Election Results Mean for Pension Reform
Macron has hinted that he will soften his stance on retirement age.
Newsmakers
Vermont Senate Passes Pension Reform Bill
Proposed legislation intends to tackle $3 billion shortfall in state’s public retirement system.
Risk
Economic Warning: Animal Spirits Aren’t in a Happy Place, Says Wells Fargo
Well-known index of investor sentiment has grown more and more negative of late.
Risk
High Inflation? Investors Go for the ‘Transitory’ Narrative
Their take: March’s sizzling CPI number likely is the near the top.
Manager Selection
How Ash Williams Aims to Help JPM in His New Job
The former Florida SBA chief will give the bank his strategic counsel and serve as a public face in these challenging times.
U.S. Corporate DB Plans Hit Highest Funded Status in Years
Higher discount rates have helped, but investment managers suggest sponsors be mindful of risks ahead.