Asset Allocation
‘Smart Money’ Flows Into Options Markets, Not Equities
Research finds options markets anticipate Supreme Court decisions better than stock markets do.
News Archive: Dec - 2021
Newsmakers
Tesla Recalls 475,000 Cars
A string of safety issues has been plaguing the vehicle company lately.
Manager Selection
Virginia’s Ronald Schmitz Goes Out on a High Note
The retiring Virginia Retirement System CIO helped more than double the fund’s portfolio value in a decade.
Newsmakers
Providence, Firefighters Union Reach Pension Contribution Deal
Plan participants will contribute up to 16% of their salary under a five-year agreement with city.
Newsmakers
Mass PRIM Surpasses $100 Billion in Assets
The milestone was reached after the pension reported the highest annual returns in its 35-year history.
Newsmakers
Ontario Pension Fund Pledges Net-Zero Emissions by 2050
The $89 billion OMERS will follow the advice of the Task Force on Climate-related Financial Disclosures.
Newsmakers
Will Jolly Old Saint Nick Visit the Stock Market This Holiday Season?
Statistically, there’s usually a Santa Claus rally right after Christmas, and it’s a good one, says LPL’s Detrick.
Asset Allocation
Insurance Firms Seek Out Sustainable Investments for Higher Yields
A report finds climate change and a low-return environment are spurring ESG investing among insurers.
Risk
More Bad Inflation News: The Fed’s Favorite Metric Climbs
The PCE popped up 5.7% in November, continuing its higher trend.
Newsmakers
Who Are the New Candidates for CalPERS’ Spring 2022 Special Board Election?
One candidate has a background in tax assessment, while the other comes from public transit.
Risk
Look Sharpe, Says Goldman: Stocks That Thrive Amid Volatility Will Have a Good 2022
With slower economic growth and higher rates, these shares should handily outpace the S&P 500, the firm contends.
Asset Allocation
The Case for Why REITs Will Continue to Do Well
After a boffo, market-beating 2021, they should enjoy good growth ahead due to growing demand and tight supply, says BCA. Like data centers.
Regulation
DOL Warns Retirement Plans to Be Cautious About PE Investments
The Department of Labor is concerned fiduciaries will misinterpret its earlier June 2020 letter.
Newsmakers
Hawaii ERS Has a Strong First Quarter
The fund’s unique risk strategy is paying off right now.
Risk
Positive Pandemic News Lifts Stocks, as Moderna Touts 3-Dose Regimen
The biotech firm says its booster shot gives good protection against Omicron.