Asset Allocation
Endowments Should Abandon Alts for Passive Investments, Report Says
Research shows that alternatives have become ‘serious drag’ on institutional fund performance.
Tag: financial crisis
Coronavirus - COVID-19
Endowments Weather Pandemic Better Than in Great Recession
Larger endowments outperform smaller ones due to less US equity exposure.
Coronavirus - COVID-19
Pandemic Will Slice 7% from World’s Wealth in 2020, Says BCG
A painful $16 trillion could vanish from the planet’s coffers, only the second down year this century, Boston Consulting’s study estimates.
Pensions
Study: There’s a Better Way to Withstand Downturns than Old DB Model
Under new set-up, a plan is over-funded, which serves as a cushion in a downturn. Any benefit cuts are only as a last resort.
Market Moves
Why Not to Sell in May and Go Away
The summer season has been pretty good to stocks over the past eight years, LPL notes.
Despite Fed Backstop, Junk Bonds Still Face Big Trouble
The central bank’s much-touted help for high-yield is skimpy, in light of what nastiness lies ahead.
Market Moves
Shiller: A Recession Is ‘Highly Likely’ Due to Virus Panic
Dwindling business activity is worrisome, and market slide isn’t over, Yale prof warns.
Pensions
Multiemployer Pension Funding Reaches Pre-Financial Crisis Levels
Double-digit asset gains boost aggregate funded ratio to 85% in 2019.
Market Moves
Look Out Above: Gold Rally Shows No Sign of Flagging
Forecasts say the yellow metal may reach $1,500 an ounce in coming months.