Newsmakers
Cathie Wood Lashes Out at ETF Dedicated to Shorting Her
The disruption queen now has an arch-nemesis rooting for her failure.
News Archive: Feb - 2022
Newsmakers
New York Common Calls on Tesla to Disclose Spending on Discrimination Complaints
The pension made the move after a racial discrimination lawsuit led to a $130 million verdict in punitive damages.
Risk
Rising Crypto-Equity Correlation Raises Bitcoin Stability Concerns
Am IMF report warns increasing crypto correlation with stocks limits its diversification benefits and increases volatility.
Risk
Ukraine Tensions Renew a Market Slide
After two up days as hope flourished about a resolution, the S&P 500 slips 1.4%.
Asset Allocation
Venture Capital Is Booming, But for How Much Longer?
With the stock market down, the VC gorge-fest could pull back in 2022, PitchBook warns.
Newsmakers
Japanese Pension Giant Returns 2.81% in Q3 2021
The world’s largest pension fund earned over $47 billion for the quarter to raise its asset value to nearly $1.73 trillion.
Manager Selection
Sean Bill, CIO of Santa Clara Valley Transportation Authority, to Retire in March
He will be taking a new position as chief investment officer of Bay Area private credit fund Prime Meridian Capital Management.
Manager Selection
PSP Investments’ President and CEO to Retire
Neil Cunningham will step down at the end of March 2023 after more than 19 years with the firm and five years at the helm.
Newsmakers
Private Equity Drove CalPERS’ Strong Q4 2021 Returns
The pension fund reported 1.2% returns over its benchmark for calendar year 2021.
Risk
Just How Would a Ukraine War Affect Stocks?
History says it wouldn’t be so bad, per LPL’s Detrick—but his stats show it’s worse when the US ends up in a conflict.
Newsmakers
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Newsmakers
Quincy Pension Loses $3.5 Million After Cyberattack
A growing number of pensions are becoming targets of cybercrime.
Newsmakers
Wall Street Tonic: Russia Claims It Is Withdrawing Some Military Units
The prospect of de-escalation from the Ukraine border, as yet unproven, buoys stocks.
Manager Selection
A Conversation With Jason Safran, Texas Christian University’s New Chief Investment Officer
The TCU alum named two key areas of opportunity he is looking to expand on.
Asset Allocation
The 10-Year Will Hit 2.5% This Year, and Maybe 3%, Per Gundlach
The Bond King sees rising rates (belatedly) helping to fuel the benchmark Treasury yield’s advance.