Market Moves
US Recession Fears Reappear in Economic Forecasts
Following tariff announcements, forecasts are becoming increasingly bleak.
News
Market Moves
The Sectors Strategists Say Will Do Well, Poorly in a Trade War
Cars, tech and retail are expected to be hit hard, but health care is likely a safe haven.
Pensions
Cybercriminals Attack Major Australian Super Funds
AustralianSuper reported 600 members’ passwords were stolen and money was taken from four accounts.
Pensions
AIMCo Achieves 12.3% Return in 2024
The Alberta pension manager, with assets rising to $127.7 billion by the end of the year, endured a leadership change forced by the provincial government last November.
Pensions
Qantas Super, ART Make Merger Official
The tie-up is expected to provide lower fees to members of the new Qantas Group Super Plan in ART.
Market Moves
How Institutional Investors Are Reacting to Trump Tariffs
After unprecedented tariff announcements that are predicted to lead to ‘true economic pain,’ long-term investors are expected to stay the course.
Newsmakers
NYC Comptroller Vows to Stick With Climate Plan Amid Net Zero Exodus
Brad Lander says ‘we will not be cowed’ by anti-climate change rhetoric.
Market Moves
Trump Announces Reciprocal Tariffs
Rates range from 10% to 49%, depending on the country.
Pensions
NYC Comptroller Brad Lander Takes Aim at Elon Musk’s Political Ventures
New York City’s comptroller, whose office oversees five pension funds, is pursuing securities litigation against the Tesla board of directors over its alleged failure to provide oversight over Musk.
Asset Allocation
NBIM Acquires Stakes in Offshore Wind Farms
The Norwegian sovereign fund will take a $1.5 billion stake in projects in Germany and Denmark.
Market Moves
US Equities Underperform Europe, China in Q1
Uncertainty over tariffs and policy led to weak performance by American stocks.
Manager Selection
CalPERS, CalSTRS to Host Emerging, Diverse Managers Conference
The two-day forum will be held in Sacramento in May.
Alternatives
With Slower Private Equity Exits, Secondaries Transactions Tick Up
Secondaries volume and pricing increases create an attractive avenue to liquidity for limited partners.
Alternatives
How Australia’s Superannuation Funds Value Unlisted Assets Amid Regulatory Calls to Change
Technological advances may enable a push to standardize valuations.
Newsmakers
Larry Fink Calls for ‘Democratization of Investing’
The BlackRock chief, in his annual letter, wrote that he wants more people to become investors and more investors to access the private markets.