Public Equities Drag Orange County Pension Investments 7.8% Lower in 2022
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
The pension giant’s public equity portfolio returned 16.7% for the year, but the overall portfolio fell short of its 7% target.
More housing price increases might squelch the conventional wisdom that July’s hike will be the last, some strategists say.
Investors in the in-vogue asset class hope that rising yields will boost their take.
Big tech mega caps skew the profits picture, and stripping them out makes the outlook flat.
Roger Sayler is retiring after nine years with the Episcopal Church’s investment manager.
No additional rate hikes, one more, two more? Strategists ponder what comes next after the CPI news.
The new rules will increase liquidity requirements and change the fee structure.
Perhaps the 2020 downturn was just Part 1, BCA Research warns.