Opinion
Artificial Intelligence: Moving up the Investment Value Chain
Recent developments show a move from simple productivity gains toward systems solutions, but how will it work?
Tag: SpaceX
Risk
With Mega-IPOs, Index Concentration Can Encourage Shift Toward Active Management
As indexes are increasingly dominated by large companies, managers tout active strategies as a solution.
Asset Allocation
Council of Institutional Investors Warns of SpaceX Governance Risk
Sixteen members of the asset owner association raised concerns about the company’s upcoming initial public offering.
Pensions
Danish Pension Fund Blacklists SpaceX
Anders Schelde, CIO of AkademikerPension, cited overvaluation and governance concerns about the company, expected to make an initial public offering in June at a $1.8 trillion valuation.
Pensions
California, New York Pension Funds Take Aim at Proposed SpaceX Share Structure
CalPERS, the New York State Common Retirement Fund and the New York City Comptroller’s Office wrote a letter specifying that Elon Musk would have outsized control of the company after an IPO.
Risk
Ohio Pension Sues Amazon for Snubbing SpaceX in Favor of Blue Origin
Lawsuit alleges that ‘personal rivalry influenced Amazon’s procurement process.’
Asset Allocation
Unicorns Hobbled Amid VC Pullbacks
Non-public companies valued at $1 billion and up haven’t sprung back with the stock market.
Newsmakers
You Thought Musk’s Twitter Quest Was Iffy? Check Out These New Snags
Spawning more doubts: the shortfall on its stock price, a federal probe and a pension program lawsuit.
Wisconsin Adviser Charged With Defrauding Elderly, Ill Clients
The SEC alleges Michael Shillin betrayed more than 100 clients, with ‘devastating’ results
Regulation
SEC Extends Its Reach into Dark Web
Regulator charges former SpaceX engineer in its first enforcement of alleged securities violations on that part of the internet.
Asset Allocation
Ontario Teachers’ Blasting Off with SpaceX
Canadian pension fund interested in Elon Musk’s rocket business, in particular its Starlink satellite network project.