Asset Allocation
Op-Ed Scolds Harvard’s ‘Rapacious’ Land Investments
Former overseer Kathryn Taylor, two student advocates call for a ‘new direction’ for endowment investments.
News Archive: May - 2019
Newsmakers
CalSTRS and Illinois Treasury Officials Win Prestigious Fellowships
June Kim and Rodrigo Garcia join 20 other finance professionals in Aspen Institute program.
Research
Vast Majority of Endowments Investing in Crypto Assets
Survey finds 94% of endowments invested in digital assets in 2018.
Market Moves
Trump Risks Reelection if Trade Tiff Messes Up the Market, Siegel Says
Famed Wharton prof warns that a bad economy and stock climate will harm the president in 2020.
Life Expectancies Are Declining Slightly in Private Pension Plans
Society of Actuaries director hints at opioid crisis, societal issues as cause.
NY State Pension Misses Target with 2019 Return of 5.3%
Private equity helps raise fund’s asset value to $210.2 billion.
Diversity Not a Priority for Asset Managers
Report finds that interest and concern have not translated into action.
Allocators in Emerging Markets Find Big Outperformance in Small Packages
Smaller, specialized investments in managers and opportunities is a pathway to outperformance in emerging markets.
Market Moves
Earnings Recession Is a Non-Event: 1Q Results Are Flat
Strong economy overcomes predictions of a down quarter and may push up profits ahead.
Regulation
Switzerland OKs Tax and Pension Reforms
Referendum ends lower taxes aimed to attract foreign companies and boosts contributions to the state retirement system.
Newsmakers
Ohio PERS to End Emerging Manager Program
Fee savings not enough for CIO Paul Greff to continue effort to enlist newcomer firms.
TPR Tightens Regulatory Grip
UK regulator’s three-year corporate plan calls for more proactive, targeted approach.
Newsmakers
New Bill Would Make Matching Pension Contributions with Student Loan Repayments
Senate Democrats’ new proposition could benefit pension contribution rates around the country.
SEC Settles Charges Against Blockchain Investor
Canada’s NextBlock allegedly misled investors as to who was advising the company.
Market Moves
Trump Might Win Reagan-Style Victory over China, Says El-Erian
Allianz economist thinks the president can create a new international dynamic while winning trade war.