Research
Strong Multiemployer Pension Funding Mostly Due to SFA Grants, Asset Performance
The two factors contributed approximately even amounts toward improved funding levels.
News Archive: Feb - 2024
Opinion
Commentary: Energy Transition Wave to Dominate Investment Landscape
A huge wave of change will create substantial risk and opportunity for institutional investors across geographies, sectors and asset classes.
Newsmakers
Katharine Krieger Appointed CIO of J. Paul Getty Trust
Krieger, CIO at the Broad Foundation, will replace James Williams, who is retiring.
Newsmakers
Jon-Michael Consalvo Appointed CIO of Carnegie Corp. of New York
The 2022 CIO NextGen will begin the new role on March 1.
Market Moves
Nvidia Shows ‘Em: Explosive Results Boost Nervous Market
Before the chipmaker’s earnings release, stocks had been down.
Pensions
NYC Comptroller: Major Banks Neglect Their Own Net Zero Goals
Three of the city’s pension funds filed shareholder proposals seeking greater fossil-fuel transparency at six of the largest banks in North America.
Asset Allocation
Move Over, Magnificent 7, as Other Stocks Rise to Glory
Prosaic financials and industrials perform like tech hotshots, Truist notes.
Pensions
Puerto Rico Pension Reserve Trust Seeks Multi-Asset Strategy Managers
The underfunded pension fund appears to be shifting away from its fixed-income heavy portfolio.
Pensions
Can the Canadian Model Be Improved?
A new study by PSP CIO Eduard van Gelderen, “On the Sustainability of the Canadian Model,” aims to find improvements to the investment model.
Asset Allocation
US College Endowments Gained 7.7% in Fiscal 2023, but Suffered From Weak Alternatives Returns
Equities drove gains, while alternative returns were mostly flat.
Asset Allocation
Bonds Should Climb Nicely in 2024, WTW Predicts
Dropping central bank rates will help a lot, with the 10-year Treasury total return rising as much as 13%, the firm contends.
Asset Allocation
NY State Pension Returns 6.2% in Fiscal Q3, Cashes Out Another Public Equity Fund
The $260 billion pension giant also said it will divest and restrict investments in Exxon Mobil and seven other oil-and-gas companies
Market Moves
Rate Cuts: The Fed and the Futures Market Draw Closer Together
Odds are that improved economic news will slow rate declines, but that may not be much of a tonic for stocks, says LPL.
Manager Selection
CDPQ Extends CEO Charles Emond’s Term, Invests in Local Consultant, Japan Solar Plant
Emond, who became CEO in 2020, will remain until at least February 2029.