Asset Allocation
COVID-19 Relief Packages Help Fuel Ultra-Low Interest Rates
EIOPA warns that persistent low rates pose a ‘systemic risk’ for insurers.
News Archive: Jul - 2020
Risk
Investment Adviser CIO Charged with Running Ponzi-Like Scheme
David Hu could face up to 45 years in prison for allegedly selling $60 million in fake loans.
Market Moves
How GDP and Stocks Do When Dems and GOP Control the Presidency and Congress
If the White House and Congress are blue, the economy does best, LPL says. But a Democratic president and a Republican Congress do best for the S&P 500.
Research
Increased Investor Risk Appetite Spurs Endowment Index Q2 Rebound
Index jumps 15.40% after plunging more than 20% during the first quarter.
Regulation
SEC’s Proposal to Raise 13F Threshold Stifles Transparency, Critics Say
Dissenting commissioner says regulator doesn’t have the legal authority to raise reporting criteria.
Asset Allocation
Temasek Boosts Cybersecurity and Biotech Investments
The Singapore sovereign wealth fund placed wagers on two American companies, cyber-services startup BlueVoyant and biosensors business Glympse Bio.
Corporate Moves
Working from Home: Maybe Not So Great After All
Polls show white-collar workers want to go back to the office, at least for some of the time.
Pensions
US Public Pensions Bounce Back from Dismal First Quarter
Asset gain of $308 billion in April-June period lifts estimated funded ratio to 71.2% from 66%.
Market Moves
Global Green Bond Market Set to Explode
EU’s COVID-19 recovery plan could spur climate-friendly fixed-income volume to nearly double almost overnight.
Asset Management Culture
Why Soros, Singer, Paulson (but Not Dalio or Buffett) May Soon Be Exempt from Disclosing Stock Holdings
SEC proposal would lift reporting threshold to $3.5 billion, from $100 million now.
Asset Allocation
US Insurers Aren’t as Concerned About Climate Risk as Global Peers, GSAM Finds
Just half of American carriers consider global warming during their investment process, versus more than 70% of their European and Asian counterparts.
Asset Management Culture
Public Pensions Face a COVID-19 Conundrum
Scholars disagree over how to deal with the threat of exhausting a plan’s assets.
Market Moves
Stock Market Will Be Flat for a While, Says Bob Doll
Flanked by giddy bulls and gloomy bears, the Nuveen strategist looks for an earnings rebound in the fourth quarter and a lessening of the virus’ malign effect.
Regulation
Kentucky High Court Dismisses Suit over KRS’ ‘Risky’ Investments
Court ruled plaintiffs had no standing because they weren’t personally injured by allegations.
Asset Management Culture
Singapore Readies International Blockchain Payments Network for Adoption
The project successfully clears different currencies, say backers sovereign wealth fund Temasek and the city-state’s central bank.