Newsmakers
Market Edges Up in Reaction to Powell’s More Aggressive Stance
Fed chief says he’s looking at a half-point boost soon and indicates a quicker tightening tempo.
News
Risk
What Big Inflows into an ETF Tell Us About Bonds
Yes, long yields are heading up, and an inverted curve is less likely, say strategists.
Asset Allocation
Ohio Teachers’ Pension Increases Alts and Fixed Income Targets, Decreases Public Equities
The pension was also able to implement a cost-of-living adjustment thanks to high returns this past year.
Manager Selection
Detroit Pension Fund Seeks Deputy CIO
The Retirement System of the City of Detroit is looking for an investment officer to support CIO Ryan Bigelow.
Asset Allocation
JPM: De-Risking Plans Suffer if They Don’t Broaden Out to Alts
The old LDI method of sliding into bonds from stocks is past its prime, a study from the firm says.
Newsmakers
CalPERS Selects Wilshire Advisors as Consultant for Private Debt Allocation
Wilshire’s services were almost half the cost compared to those of Meketa.
Newsmakers
401(k) Balances Rise to Record in 2021
The average plan’s value rose 8% during the year to $130,700.
Regulation
Idaho Bills Aim to Curb Public ESG Investing
Legislation identifies sustainable investing as being among ‘disfavored state investments.’
Risk
Thank You, Fed: Some Bank Stocks Will Do Better Than Others
BofA selects 7 lenders that higher rates should benefit because they are mostly U.S.-centered.
Regulation
SEC Proposes Cybersecurity Rule Changes for Public Firms
The regulator wants companies to better inform investors about their risks from hackers.
Risk
Will the Fed’s Just-Started Tightening Squelch the Stock Market?
Probably not, says LPL’s Detrick, as he trots out some historical precedents.
Newsmakers
U.S. Corporate Pension Funds Remain Steady in February
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.
Asset Allocation
Canada’s Largest Pension Fund Launches Real Estate JVs in U.S., India
CPPIB will invest nearly $1 billion in partnership with Lennar subsidiary LMC in the U.S,. and more than $350 million in India with RMZ Corp.
Asset Allocation
Does the Office Real Estate Market Have a Pulse? Look at Blackstone’s Big Buy
Its purchase of a stake in a swanky NYC tower shows there’s demand for the new stuff. But older buildings are struggling.
Newsmakers
CAIA, SBAI Form Global Alts Partnership
Collaboration between the U.S., U.K. groups will focus on improving standards and professionalism in the alts industry.