Multiemployer Plans Funded Status Rebounds in H1 2019
‘Stellar asset gains’ raise plans’ funded ratio to 82%.
News
Endowment Index Edges Lower in Q3
Modest gains belie volatile markets, fears of a global slowdown
Research
The Yield Curve Un-Inverts: Time to Celebrate?
Opinions differ on whether this change to a widely followed recession signal means the heat is off.
Asset Management Culture
Northeastern State Treasurers, Asset Managers Form Corporate Diversity Coalition
Shareholder activism group aims for more diversity in corporate governance.
Two Plead Guilty for Roles in $910 Million Ponzi Scheme
Victims were lured with the promise of gains from alternative energy tax credits.
Asset Allocation
ESG Funding Skyrocketed in 2018
BlackRock and Vanguard continue to grow socially conscious investment vehicles.
Manager Selection
Harvard Restructuring Shows Signs of Progress
Despite disappointing returns, CIO Narvekar says there is ‘some good news.’
Negative Sentiment Toward Private Equity Firms’ ‘Predatory’ Behaviors Impacting Investors
Mounting criticism from high-profile political figures is influencing thinking.
Corporate Moves
Church of England Nominates Gareth Mostyn as CEO of Endowment
Mostyn would replace Andrew Brown as head of the £8.3 billion fund.
Research
GM Strike Will Shrink October Job Growth, Economists Warn
Expect just 25,000 positions added, vs. five times that in September, Capital Economics estimates.
Endowments and Foundations Sticking It Out with China
Despite volatility, long-term institutional investors see no reason to change strategy, NEPC study says.
SEC Questions Strategy for Thinly Traded Securities
‘One-size-fits-all’ equity market structure ‘may not be optimal’ for low-volume trades.
Regulation
Judge Axes Pension Fund Lawsuit over Healthcare Shift
Pension participants filed suit after program’s pullout from healthcare coverage.
Research
Netherlands, Denmark Top Global Pension Ranking
US retirement systems ranked 16th out of 37 countries.
Sluggish Wage Growth Leads to Lagging Retirement Savings, Professor Says
Despite low joblessness, academic concludes, most work still fails to generate enough money for later years.