Coronavirus - COVID-19
Coronavirus Crisis Is ‘Crushing’ Global GDP Growth
Fitch Ratings slashes global growth forecast nearly in half to 1.3%.
Tag: COVID-19
Asset Management Culture
Exclusive: San Francisco’s CIO Calls Allocators and Industry Leaders to Action during Pandemic
SFERS encourages business to be creative in supporting the COVID-19 relief effort and to ‘utilize the current crisis to lead the human experience to new heights.’
Asset Management Culture
New York Does Not Expect to Meet 6.8% Fiscal Year Target
The state pension fund is one of the only plans that ends its fiscal year in March, closing as the coronavirus pummels markets.
Coronavirus - COVID-19
New York Expects ‘Sharp Fall’ in Wall Street Bonuses
Commissions in the securities industry have dropped during other financial crises. In 2008, they fell 47%.
Coronavirus - COVID-19
S&P Global Forecasts Global Recession Due to Coronavirus
China is a barometer for what the rest of the world can expect in the downturn, firm says.
Asset Management Culture
BlackRock Commits $50M to Coronavirus Relief Efforts
The institutional investor joins firms such as JPMorgan in mobilizing around the relief effort.
Coronavirus - COVID-19
Key Issues for Institutional Investors to Focus on Amid COVID-19 Volatility
Law firm Morgan Lewis provides useful tips for this time of market turmoil.
Asset Allocation
Coronavirus Chaos Torpedoes Municipal Bond Market
After initially staying strong as markets declined, munis tumble 11% in 11 days.
Coronavirus - COVID-19
Survey Finds Varying Levels of Institutional Investor Confidence in the US Government’s Ability to Contain Pandemic
Eaton Partners examines institutional investors’ adaptive strategies to the market and outlooks across several key considerations regarding the coronavirus.
Coronavirus - COVID-19
CalSTRS Prepares its Employees to Shelter in Place
The retirement system has closed its member service locations and temporarily suspended its contact center to adhere to the state mandate.
Coronavirus - COVID-19
CalPERS Employee Tests Negative For Coronavirus
Good news is overshadowed by market reactions to the coronavirus pandemic that have cost the largest US pension plan more than $50 billion.
Asset Management Culture
Norges Bank Draws Down Oil Revenues to Ease Coronavirus Impact
Norway’s central bank is ramping up spending amid greater calls from the government for a stimulus package.
COVID-19 Shifts the Health Care Conversation, But Innovation Perseveres
Opportunities abound for long-term investors.
Asset Management Culture
More Public Plans Ramp Up Social Distancing Because of Coronavirus
Plans in Massachusetts, Mississippi, and other states assure retirees that benefits won’t be delayed, but suspend counseling appointments.
Asset Management Culture
Aussie Pension Suspends Its Short Selling-related Stock Program
Unisuper cites its ineffectiveness in helping the current market situation.