Market Moves
NYSE Proposes New Method for Companies to Raise Capital When Going Public
Direct listing would allow companies to sell shares in opening auction on first day on exchange.
Tag: Stocks
Asset Allocation
Baby Boomers Carry Risky Levels of Stocks, Says Fidelity
Almost 1 in 3 of them are heading into retirement equity-heavy, fund house finds.
Asset Allocation
Rhode Island Turns to Options and Emerging Markets Debt to Improve Funding
NEPC guides the state’s investment commission through the addition of new asset classes.
Asset Allocation
The 60-40 Stock-Bond Asset Mix Is Dead, BofA Warns
Equities will offer better risk-adjusted returns in the future, and bonds will slide, a report predicts.
Public Plans’ Funding Improves Slightly, But Not Asset Growth
Funded level was 73% in fiscal 2018, helped by lower liability increases.
Lower Interest Rates Will Shrink Pension Funding Status, Goldman Warns
A study projects that funding will drop to 86% in August, off from 91% four months before.
Newsmakers
Exclusive: How a More than $50 Billion Bet Boosted CalPERS Returns
A large move into equity factor investing was key for largest US pension.
Market Moves
S&P 500 Dividend Yield Surmounts the 30-Year Treasury
The last time that happened was during the financial crisis, Bespoke says.
Market Moves
Blame the Computers for Last Week’s Market Wipeout
So says JP Morgan’s trading honcho, Marko Kolanovic, who thinks more than half the moves were due to algos.
How Sustainable Is the Gold Rally?
As the metal shoots over $1,500 and looks to head higher, questions arise about its volatility.
Risk
SFERS Posts 7.81% Return
The San Francisco retirement system has managed to beat its annual expected rate of return for the 2018-2019 fiscal year despite a volatile equity market.
International Investors Shoot for Equities and Alternative Assets
Mercer report explores key trends in international investor activity, including a reduction in fixed income in favor of equities.
Why Private Equity Amps Up Takeovers of Public Companies
After hitting low point post-crisis, take-private deals surge amid torrent of new PE investments.
At Morningstar: Using Factors in Fixed Income Investing Remains Difficult
Equity strategies may not stand up to the complexity of the fixed income markets.
Canadian Plan Sponsors Rebound Strongly to Return 7% in Q1
US, Canadian equities were top-performing asset classes.