News Archive: Aug - 2022

Michael Shackelford now leads the $17 billion pension fund, which has been without a CIO since Dominic Garcia left in May 2021.

The governor contends that applying climate and racial sensitivity to asset allocation could harm financial performance.

CIO Ronald Schmitz credits outperformance to diversification strategy and strong private markets.

Canada’s second largest pension is looking at legal options over failed $150 million crypto investment.

Most lenders fail to consider possible environmental threats when making loans, a central bank study says.   

PIMCO’s Crescenzi touts the steadiness of the central bank chief who conquered inflation four decades ago.

The Environmental Defenders Office says HESTA’s investments in oil and gas companies could be in breach of the law.

Regulators cite rapid growth and the increased complexity of the private fund industry for need to amend confidential filing rules.

Are we in a recession, or headed that way? Contradictory signs make the outlook fuzzy.

More than a third of asset allocators will up their usage or hire consulting firms for the first time, a survey finds.

Despite losing 14.4%, the “oil fund” beat its benchmark by 114 basis points thanks to ... oil.

Projected S&P 500 profits rose just 6.7% in the second quarter, and even slower results are ahead. Not good for stocks, the firm contends.

Despite the loss, the pension fund beat its benchmark by 53 basis points.

The Teachers’ Retirement System of the State of Illinois earmarked over $1 billion for alts.