Coronavirus - COVID-19
Endowments Weather Pandemic Better Than in Great Recession
Larger endowments outperform smaller ones due to less US equity exposure.
Tag: pandemic
Asset Allocation
Sam Zell Calls Markets ‘Too Optimistic,’ Expects U-Shaped Recovery
Although he says the economy is now in a recession, Zell doesn’t think it will be as deep as expected.
Risk
Worse Than You Think: We’re in a Depression, Says UCLA Economist
The virus has so disrupted the US economy that recovery is a long way off, David Shulman contends.
Asset Management Culture
Pandemic Spurs Investor Interest in Social Bonds
The sustainable finance instrument has become an unlikely tool in the economic fight against COVID-19.
Manager Selection
Conducting Due Diligence During a Pandemic
Mercer-Backstop alliance allows asset allocators to kick the tires on investments remotely.
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.
Coronavirus - COVID-19
Roller Coaster Markets Don’t Dampen Investor Optimism
Despite whipsaw market volatility, financial professionals expect only modest declines in 2020.
Asset Allocation
Pandemic Spurs Growth in Health Care Technology Venture Capital Deals
2020 on pace for record year as health-tech deals rise 76% to $8.2 billion during first quarter.
News
LPs Are Placing Fund Commitments on Hold and Engaging in Secondary Transactions More Often
A canvass of LP sentiment from Brackendale finds new trends in transaction styles, accommodations for COVID-19, and an affinity for thorough disclosures from general partners.
Research
Pandemic Provides Lessons to Improve Retirement System
Research paper says pandemic ‘is likely to hasten the demise’ of defined benefit plans.
Coronavirus - COVID-19
Market Volatility Is Harming Americans’ Hopes for a Secure Retirement
Allianz Life study finds many deeply uncomfortable with the state of the virus-driven market.
Alternatives
MUFG Forecasts Expansion of Private Markets Activity Post-Pandemic
A further consolidation of private funds, big opportunities in distressed debt, and flexibility in opportunity sets are in the cards for private markets investors.
Coronavirus - COVID-19
Norway to Withdraw Record Amount from Sovereign Wealth Fund
Economic downturn forces government to take out over $37 billion.
Newsmakers
Senators Urge Pelosi to Include Pension Fix in Next Stimulus Package
However, Senate Majority Leader Mitch McConnell has objected to providing funds to fix pension issues.
Coronavirus - COVID-19
Public Pensions Could Suffer for Years from Pandemic Losses
Employers will have to increase contributions unless markets rebound sharply, says S&P.