Asset Allocation
How Much Will US GDP Shrink This Year? Try 5.4%
That’s the harsh forecast from IHS Markit, one of the grimmest on Wall Street.
News Archive: Mar - 2020
Coronavirus - COVID-19
Alaska Spending Blueprint Drops Residents’ Oil Dividend by 38%, Gives No Direct Virus Aid
Base cause: The state’s sovereign wealth fund dropped 10% last month, as oil prices plummeted in the coronavirus crash.
Coronavirus - COVID-19
A Quick Rundown of Retirement-Related Provisions in the Federal Government’s Stimulus Package
The $2.2 trillion legislation included a comprehensive suite of actions related to the governance and support of the country’s retirement funds.
Coronavirus - COVID-19
OP-ED: Trust and Data Transparency Are Now the Same Thing
As CIOs comb their portfolios for liquidity, transparency is expected, demanded, and has become the new normal.
Coronavirus - COVID-19
Fitch Downgrades UK’s Rating in Light of COVID-19 Impact
Brexit uncertainty, fiscal easing also factored into downgrade and ‘negative’ outlook.
Asset Allocation
What Stocks Should Emerge First, Post-Crisis?
Think Asian tech firms. That’s the reasoning of Wellington Management.
Coronavirus - COVID-19
SEC Relaxes Reporting Regulations Due to Coronavirus
Investment advisers, funds, and public companies are granted 45-day extensions for certain reports.
Asset Allocation
It’s a Terrible Time for Pensions to Have Weak Liquidity
Market downturn could force some public pensions to sell assets for a loss.
Coronavirus - COVID-19
Coronavirus Will Cause ‘Unprecedented Shock’ to Global Economy
Moody’s forecasts G20 economies’ GDP to contract 0.5% in 2020.
Asset Allocation
BlackRock, While Predicting ‘Sharp’ Recovery, Is Building a Strong Cash Position
The $7.4 trillion asset manager sees cash as a guard against further shocks, leading a trend sweeping corporate America.
Manager Selection
World’s Largest Pension Fund’s CIO Hiromichi Mizuno Exits
Japan’s $1.6 trillion Government Pension Investment Fund will see its investment chief depart soon after five years in the job.
Coronavirus - COVID-19
New Jersey Freezes Nearly $1 Billion in Spending Over COVID-19
Economic impact of virus could lower state pension valuation.
Manager Selection
Norway’s Sovereign Wealth Fund Selects New Chief Executive
Nicolai Tangen, a hedge fund manager based in London, will take over the nearly $1 trillion plan.
Coronavirus - COVID-19
Are Stocks a Bargain Buy Worth Taking?
Value star Bill Nygren thinks so. Hey, despite that latest pop-up, the market is still way down last month’s peak.
News
Coronavirus News for CIOs
Focused analysis of market movements, business challenges, and legislative and regulatory actions.