Newsmakers
Huge Turnaround Swings PBGC Multiemployer Program into the Black
For the first time in two decades, both the multiemployer and single-employer programs have positive net financial positions.
News
Asset Allocation
How Well Is VC Doing This Year? Very, Very Well
With large valuations for its companies, venture firms are raising a record amount in 2021.
Newsmakers
Priority Gaps Between Management and Investors Are Shrinking, EY Says
The two groups seem to agree that prioritizing talent management is key to success.
Asset Allocation
Exclusive: ‘Bull Market Is Going to Go for Another Few Years.’—Florida SBA Senior Investment Officer Talks Strategy.
He also said the pension fund is open to the possibility of investing directly in crypto.
Asset Allocation
Retirement Plans Are Key for Business Efficiency
A good pension plan can give companies a competitive edge in a tight labor market, according to a recent report.
Risk
US Oil Reserve Releases Are a Big Nothing, Market Says
Biden moves to take out 50 million barrels from storage, but petro price blips up.
Risk
Fading Inflation? Here Comes a Wage-Price Spiral, BCA Says
Worker pay will accelerate and move beyond the low-end of the comp ladder, the firm’s Berezin warns.
Asset Allocation
This Month’s Hedge Fund Performance Shows Significant Improvement From Q3
Smaller funds also seem to be outperforming larger funds in the long run.
Regulation
Digital Token Registrations Shut Down by SEC
American CryptoFed allegedly filed misleading forms while trying to register Ducat and Locke as securities.
Newsmakers
Ohio Pension Sues Facebook Over Whistleblower Scandal
The lawsuit alleges misleading statements ‘erased more than $100 billion in shareholder value.'
Asset Allocation
What Stocks Will Be the Big Winners Up Ahead? Why, Tech
LPL sketches out the case for continued market leadership from the technology folks.
Regulation
How Is Europe’s Sustainable Finance Disclosure Regulation Working Out?
The rules require firms with 500 or more employees to disclose multiple ESG metrics.
Manager Selection
CIO, Executive Director Resign From Embattled Pennsylvania PSERS
Jim Grossman will stay on until May, while Glen Grell will leave at the end of February.
Risk
Two Newly Hatched EV Makers, Rivian and Lucid, Surge to Ford and GM’s Level
They exceed or nudge close to the legacy automakers’ market caps. Shades of Tesla.
Manager Selection
Blackstone Taps SASB Founder Jean Rogers as ESG Head
It’s the latest in a slew of recent ESG-related hirings by the private equity giant.