Asset Allocation
Twitter to Pay $809.5 Million to Settle Securities Fraud Lawsuit
The social media company was accused of concealing from investors its stagnant user growth and declining user engagement.
News
Breaking News: Interim CIO Announced at FL SBA
As Ash Williams plans to retire in 9 days, Florida announces interim.
WHAT'S BUZZY
China, Says Chanos, Is a ‘Terrible Place to Keep Your Money
A long-time bear on the Middle Kingdom, the famed short-seller is double spooked by Evergrande.
Corporate Moves
Northern Trust Taps Angelo Manioudakis as Chief Investment Officer
The co-founder of Lantern Harbor Investment Partners will oversee more than $1.2 trillion in assets under management.
Alternatives
Gensler Stands Up for the Robinhood Gang
It’s OK for meme investors to collaborate on social media, the SEC boss says. Too bad for short sellers.
Asset Allocation
States Divest Unilever Stock Over Ben & Jerry’s Boycott
New Jersey and Arizona are pulling a combined $325 million out of the consumer goods giant after the ice cream maker said it would stop selling in Israeli-occupied territories.
Alternatives
Why Investors Are Flocking to Uranium
Nuclear power, long on the greens’ ban list, is finding new life, oddly due in part to concerns about fossil fuels.
Manager Selection
Madoff Victim Fund Distributes Another $568 Million
The seventh distribution brings the total compensation to victims of the world’s largest Ponzi scheme to more than $3.7 billion.
Market Moves
Buy the Dips Is So … Last Month
Investors’ habit of bagging stocks during temporary slips could be going away, El-Erian warns.
WHAT'S BUZZY
So, the Market Outlook Is Cloudy, Huh? Not to JPM
The firm has a sunny view for stocks up ahead, differing from the likes of Goldman and BofA.
Leader of Cryptocurrency Scam Targeting Doctors Pleads Guilty
The former UBS securities broker faces up to 20 years in prison for defrauding investors out of more than $30 million.
Asset Allocation
How Fed Tapering Will Slam Bond Buyers
No more bond buying, plus the government’s dwindling cash reservoir, will bring pain, says Natixis’ Lavorgna.
Alternatives
Op-Ed: The Green Gambit—Investing for Corporate Strategic Advantage in the Post-COVID-19 World
Alan Martinovich, with global management consultancy Arthur D. Little, says now is the time to make intentional moves that will drive green transformation.
Alternatives
Dutch APG Launches Sustainable Index Funds
The Netherlands’ largest pension provider and active investor advocate is dipping its toe in passive waters.
Corporate Moves
Do Last Year’s Historic Fund Performances Help or Hinder a CIO’s Career?
Recruiters and consultants weigh in on what they’re seeing.