News
Negative Surprises Spurs IMF to Cut Global Growth Forecast
IMF sees few signs of a turning point amid ‘new normal’ of higher uncertainty.
Good Economy Means a Trump Win, Says PE Potentate Rubenstein
Incumbent presidents only lose due to recessions, Carlyle founder argues.
Illinois SURS Seeks Fixed-Income Manager of Managers
Strategies include global investment grade, high yield, global bank loans, emerging market debt.
Chilean President Pitches Reform in Wake of Deadly Pension Protests
Under a new proposal, 6% in new contributions would be made by the country’s employers to sustain retired citizens above the poverty line.
Ohio’s State Pension Slashes Healthcare Benefits amid Insolvency Concerns Threat
The board at OPERS voted to reduce medical benefits to avoid collapse by 2030.
Stock Market Feels Like 1999’s, Says Paul Tudor Jones
Hedge fund honcho thinks current wacky times could be headed for a popping bubble.
Tax Cuts Could Come Back to Haunt State Retirement Systems
SEC Charges Convicted Criminal Over Fraudulent Coin Offering
Alleged perp in crypto-currency scam, Boaz Manor, said to dye his hair, grow a beard to hide identity.
StepStone Group Assembles Underwriters for Upcoming IPO
The alternative asset class investor is said to be gearing up for an upcoming public offering.
Scary Similarity: The Roaring Twenties and Today
Then resembles now a lot, says State Street’s Arone. And we know how the 1920s ended.
More Than Half of UK Public Universities Commit to Divest Fossil Fuel
Divestment campaign gathers steam with 79 universities signing on since 2014.
Columbia University Endowment CEO to Step Down
Northrop Grumman Pays $12.4 Million to Settle 401(k) Lawsuit
Family Offices Slash Allocation to Alternatives by More than Half
Survey finds family offices allocated the most to equities in 2019.
