CFA Institute Relaunches Foundations Program
Certificate program is designed for non-investment professionals to gain understanding of the global investment industry.
News Archive: Feb - 2023
Pensions
Corporate Pension Funding Posts Small Gain in January
Lower effective yields on 10- and 30-year Treasury bonds, and on corporate credit, decreased the discount rate, offsetting strong equity gains.
Pensions
Indiana Anti-ESG Bill Could Cost State Pensions $6.7 Billion Over 10 Years
Bill aimed at protecting pensions’ financial interest may instead box them out of lucrative private markets.
Pensions
CPPIB Returns 1.9% in Q3 of Fiscal 2023
The Canadian pension giant increased its asset value to more than $400 billion to close out the calendar year.
Asset Allocation
Why Apartment REITs Are Primed to Move Up
In the push for alts, the beaten-up multi-family segment is gaining popularity, says research shop Green Street.
Newsmakers
Oklahoma Taking Names as It Seeks to Weed Out ESG Investors
State Treasurer Todd Russ is making a list of companies that break the state’s anti-ESG law.
Research
Diverse Manager Net Flows Expected to Remain Positive in 2023
With less than 2% of global assets invested with women or people of color, many asset owners are seeking to be more intentional about allocating with diverse managers, says Cambridge Associates research.
Newsmakers
Michigan Retirement System Sues Generac Over Solar Power Defect
Class action alleges company executives failed to disclose faulty solar component.
Research
Bloated Inventories Turning Into Economic Hindrance, Pantheon Says
The pandemic buying surge prompted businesses to stock up way too much.
Asset Allocation
Asset Managers See Further Potential in Private Credit Market
Amidst market uncertainty imposed by the pandemic and interest-rate hikes, portfolios have thrived in private credit; both CalSTRS and the CAIA Association hosted asset managers to discuss the asset class.
Newsmakers
France Braces for Further Protests Over Retirement Age Increase
After Tuesday walk-outs, unions are calling for massive demonstrations this weekend.
Manager Selection
New York Common Promotes McClearn to Interim Director of Emerging Manager Program
The program’s previous manager, Anyori Hernandez, is moving on to the New America Alliance.
Manager Selection
NTAM Names BlackRock Exec as New President
Daniel Gamba replaces Shundrawn Thomas, who left last summer, at Northern Trust’s asset management arm.
Manager Selection
Invesco, Russell Investments Name New CEOs
Zach Buchwald arrives at Russell from BlackRock, while Invesco promotes Andrew Schlossberg from managing director role.
Asset Allocation
Japan’s GPIF Suffers 4th Straight Quarterly Loss for 1st Time in 20 Years
Investment losses for the first three quarters of fiscal 2022 totaled more than $55 billion.