Asset Management Culture
Harvard’s Endowment Returns 7.3% for the 2020 Fiscal Year
The university cautioned the strong returns may not be enough to blunt the financial impact of the pandemic.
Tag: COVID-19
Coronavirus - COVID-19
Actuarial Projections: Virus Might Cause ‘Meaningful’ Increase in Death Rate for Elderly
An extra 300,000 fatalities for seniors could raise the figure to 4.7% by year’s end.
Market Moves
Lessons Learned from Global Financial Crisis Help LPs Bounce Back from COVID-19
Panel at Alternative Investment Summit reveals how much things have changed since March.
Market Moves
Pace of Private Equity, Venture Deals to Rebound, Panel Says
Technology disruptions across all sectors were just a temporary time out, create new opportunities, according to experts at an EisnerAmper conference.
Research
Boeing Is Now a Conviction Buy, Says Goldman Sachs
Despite continued woes, the aerospace giant should do well in a post-virus world, when plane deliveries resume and the 737 Max is flying, the bank contends.
How Much Progress Has Been Made on Corporate America’s Stakeholder Pledge?
Last year, the Business Roundtable vowed to shift its corporate purpose to better serve communities and groups beyond its shareholder base. The promise, overall, hasn’t been kept yet.
Asset Management Culture
Pandemic Creates Watershed Moment for Sustainable Investing
Sustainalytics Founder Michael Jantzi says COVID-19 has been a catalyst for ESG investing.
Market Moves
Both Trump and Biden Will Bring Higher Corporate Taxes, PwC Survey Says
A daunting 70% of execs polled think either candidate will boost business levies to help pay for the added trillions in federal relief spending.
Asset Allocation
North Carolina State Pension Hits Record $108.5 Billion Market Value
The fund’s portfolio has added nearly $15 billion in value since markets tumbled in March.
How Distressed Investors Are Getting Ready for Business Failures
Washington stimulus has delayed the bankruptcy parade. But it’s coming fast.
Pensions
Korean Pension Giant Weathers COVID-19 Crash During First Half
The $635.5 billion fund was aided by being overweight in fixed income and underweight in equities.
Market Moves
Emerging Markets and China Hedge Funds Likely to Outperform
Regional equity gains, as well as currency increasing against a declining US dollar, helped the asset classes surge in second quarter.
Will Businesses Be Engulfed by Lawsuits Blaming Them for Virus Infections?
A GOP Senate bid to shield companies has helped hold up the next federal stimulus round.
Pensions
New Jersey Governor Proposes $4.6 Billion Pension Payment
The record contribution falls short of what’s needed for the nation’s worst-funded retirement system.
Research
ESG High-Yield Bonds Don’t Hurt Returns … But They Don’t Boost Them Either
Research from CIO Martin Fridson finds no statistically significant difference attributable to ESG factors.