Alternatives
A Crypto Crackdown? Yardeni Sees One Coming
The economist joins numerous government leaders these days who want to regulate or ban the digital currency.
News Archive: May - 2021
Alternatives
Payments Startup SpotOn Gets Funding from Mubadala, Others
The firm is the latest in a series of growth sector bets the sovereign wealth fund has been making.
Asset Management Culture
Arch Capital Names Christine Todd CIO
Current CIO W. Preston Hutchings will leave later this year after more than 15 years at the post.
Pensions
NY Bill Would Divest Teachers’ Pension from Fossil Fuels
A report says the state teachers’ fund has more than $300 million in coal investments.
Shiller: Today’s Housing Boom Will End, But Slowly
The market won’t collapse all at once, yet the dip still will be painful, economist says.
Pensions
Market Rebound Spurs Record 33.55% Return for NY State Pension Fund
Equities helped boost the investment portfolio’s asset value by more than $60 billion to $254.8 billion.
Asset Allocation
Lawsuit Accuses Caesars, Russell Investment of Gambling with 401(k) Plan
The plaintiffs claim switching from State Street has cost participants $100 million in losses.
Pensions
OMERS Takes 25% Stake in International Schools Partnership
The acquisition is part of the pension fund’s expansion into private equity opportunities across Europe.
Regulation
Bill Seeks to Provide Plan Sponsors with Legal Cover for ESG Investing
Legislators say employers are hesitant to provide ESG options in 401(k)s over fears of being sued.
Regulation
Senators Reintroduce Retirement Security & Savings Act
The bill seeks to allow people who have saved too little to set aside more for retirement.
Risk
Climate Transition Risk to Have Greater Impact on Ratings
The quick changes needed to meet Paris Agreement goals could disrupt a variety of sectors, says S&P.
Pensions
Special Report: Will Pension Risk Transfers Someday Control All DB Plans?
The trend is mounting for corporate sponsors to shunt liabilities to insurers. But some don’t want to do that, and others can’t.
Pensions
Special Report: How to Ensure a Smooth Pension Risk Transfer
Without thoughtful preparation, offloading liabilities can be a costly and time-consuming endeavor.
Pensions
Special Report: The Risk Factor in Pension Transfers
Plans often do piecemeal deals, to reduce the chances of everything going down the tubes.
Asset Allocation
Fidelity 401(k) Plan Balances Rise to New High in Q1
Despite economic fallout from the pandemic, defined contribution plan balances remain strong.