SEC Charges Three in Alleged $125 Million Fraud
Managers allegedly lied to investors, used funds to support ‘luxurious lifestyle.’
News
Newsmakers
Harvard, Penn Endowments Return 6.5% Each, Duke Returns 6.9%
Endowments facing ‘economic headwinds’ in 2019.
News
Los Angeles Lays Out Tentative Strategy for First-Time Real Assets Portfolio
Pension picks up infrastructure for the first time, and forms a new inaugural ‘real assets’ strategy.
Public Plans’ Funding Improves Slightly, But Not Asset Growth
Funded level was 73% in fiscal 2018, helped by lower liability increases.
Tips on Searching for the Best OCIO in a Growing Market
RFPs, shortlists and when to hire a search firm.
Research
Trade Wars Taking Toll on Global Growth
OECD blames dimming economic outlook on trade tensions, policy uncertainty.
Asset Allocation
North Carolina Endowment Grows to $1.4 Billion
Monetary policy and trade among the organization’s top market concerns.
Risk
France’s ERAFP Completes Tobacco Divestment
$36.1 billion pension complies with Tobacco-Free Finance Pledge.
Asset Allocation
Washington State Investment Board Posts 8.36% Return
The top-tier returns beat other pension plans, boosted by the pension’s plan large commitments to private markets.
Regulation
SEC Finalizes ‘Test-The-Waters’ Policy Expansion, Allowing Companies to Solicit Investor Interest Before IPOs
New rule removes Obama-era revenue cap of <$1 billion for companies to solicit investor feedback before going public.
Risk
Biometric Hacking: Even Your Face is Hackable
Researcher describes how he was able to trick the biometric protocols.
Asset Allocation
NJ Pension Fund Returns 6.27% Misses Benchmark, Target
Fund reports ‘possible economic slowdown’ for 2020.
Rothesay Breaks Two Records with Two Risk Transfer Deals
Insurer signs £4.7 billion deal with Telent, and £3.8 billion deal with Allied Domecq.
Risk
Deep Fake Videos on the Rise as Technology Improves
But technology to combat these doctored videos is also growing in sophistication.
