Asset Allocation
Twitter Is Buzzing About This CalSTRS Stock Move
The pension fund increased its shares of AMC stock by 24% in Q3.
Tag: GameStop
Asset Management Culture
Ken Griffin Takes Fire Again Over Robinhood–GameStop Imbroglio
Social media explodes as a lawsuit charges he colluded with the brokerage to thwart meme investors.
How Did Ken Griffin Get to Be Such a Big Deal?
His hedge fund firm, Citadel, has thrived for the past 30 years, thanks to his data-driven zeal—and an early start. Way early.
Market Moves
Drama Aside, Meme Stocks Are Having a Good Year So Far
Retail investors holding on to social media darlings have helped some business gain a new lease on life. But many worry that the good times won’t last.
Market Moves
The Case for Why China Is a Good Investing Destination
At our symposium, the president of its largest fund manager sketched out that nation’s advantages.
Market Moves
Look Out: Higher Volatility Is Gonna Hit US, UBS Says
Virus jitters, higher growth and inflation, and a record-setting market will amp up the fear gauge, the bank warns.
Market Moves
Archegos Fiasco Was One of 3 ‘Near-Misses’ This Year, Says El-Erian
Celebrated Allianz economist points to GameStop and hedge fund debacles as potential market torpedoes.
Market Moves
Robinhood Is Good for the Market, Says Cathie Wood
The young meme stock crowd will learn valuable lessons trading and their openness to disruption is a plus, the red-hot fund manager declares.
Asset Management Culture
The GameStop Woes Keep Plaguing Melvin Capital
A spate of legal complaints have been filed against the hedge fund over the past two months, as retail investors cry conspiracy and foul play.
Alternatives
Stock-Driven Hedge Funds Were Popular in 2020
Pension plans and other big investors favor the alpha-generating chops that equity strategies showed in the bull market, an Agecroft study shows.
Asset Allocation
Retail Investors Aim to Spend $170 Billion in Stimulus Aid on Stocks, Survey Says
A significant chunk of the next round of stimulus checks may find its way into the equity markets.
One Year Later: 5 Ways the Pandemic Has Changed Investing
A suffering economy, a generous Washington, the homebound blues—all have played a role in scrambling the field over the past 12 months.
Newsmakers
A Washington Beating for Robinhood’s CEO
The GameStop congressional hearings expose fractures in the online brokerage’s business model: its trading halt, margin level, and fee policy.
How to Prevent a K-Shaped Recovery
Changes to the capital markets, higher taxes for the rich, tougher antitrust enforcement, enhanced education—all get proposed as cures. If the problem can’t be solved, the economy may suffer long-term.
Market Moves
A Record Number of New Retail Investors Signed Up in 2020
They’re younger, more diverse, and they go to their friends and family for investment advice, a new report confirms.