Coronavirus - COVID-19
The Worst Might Be Over for Stocks, JPM Says
Despite a chorus of skepticism, the bank lays out how the market may have stabilized—with caveats, of course.
Tag: COVID-19
A System to Help Asset Allocators Adapt to Remote Working
Ability to transition without disruption is the key to continuity during the coronavirus.
Asset Management Culture
Rhode Island Treasurer: Funds Won’t Be Raided
The state government secured an unprecedented $300 million in debt last week to tackle the coronavirus public health crisis.
Coronavirus - COVID-19
BlackRock CEO Believes Economy Will ‘Recover Steadily’
Larry Fink says pandemic has sparked re-evaluation of global economy and that ‘the world will be different’ post COVID-19.
Asset Allocation
How Much Will US GDP Shrink This Year? Try 5.4%
That’s the harsh forecast from IHS Markit, one of the grimmest on Wall Street.
Coronavirus - COVID-19
A Quick Rundown of Retirement-Related Provisions in the Federal Government’s Stimulus Package
The $2.2 trillion legislation included a comprehensive suite of actions related to the governance and support of the country’s retirement funds.
Coronavirus - COVID-19
Fitch Downgrades UK’s Rating in Light of COVID-19 Impact
Brexit uncertainty, fiscal easing also factored into downgrade and ‘negative’ outlook.
Asset Allocation
What Stocks Should Emerge First, Post-Crisis?
Think Asian tech firms. That’s the reasoning of Wellington Management.
Coronavirus - COVID-19
SEC Relaxes Reporting Regulations Due to Coronavirus
Investment advisers, funds, and public companies are granted 45-day extensions for certain reports.
Asset Allocation
It’s a Terrible Time for Pensions to Have Weak Liquidity
Market downturn could force some public pensions to sell assets for a loss.
Coronavirus - COVID-19
Coronavirus Will Cause ‘Unprecedented Shock’ to Global Economy
Moody’s forecasts G20 economies’ GDP to contract 0.5% in 2020.
Asset Allocation
BlackRock, While Predicting ‘Sharp’ Recovery, Is Building a Strong Cash Position
The $7.4 trillion asset manager sees cash as a guard against further shocks, leading a trend sweeping corporate America.
Coronavirus - COVID-19
New Jersey Freezes Nearly $1 Billion in Spending Over COVID-19
Economic impact of virus could lower state pension valuation.
Coronavirus - COVID-19
US Public Pensions Lose $1 Trillion from Market Crash
Moody’s says governments are in a worse position to smooth costs than during financial crises.
Asset Management Culture
AM Best Creates Pandemic-Related Stress Test for Insurance Firms
Pension risk transfer market likely to slow because of downturn.