Institutional Investors, Canadian Government Launch G7 Investors Group
Representing $6 trillion in AUM, the group aims to further G7 initiatives.
News Archive: Jun - 2018
Market Moves
Paul Tudor Jones Says Stocks Will Be Boffo, but then … Look Out Below
Hedge fund star looks for ‘phenomenal’ year-end rally, with the Fed spoiling the party.
Investments Pour out of EM Funds, but Why?
The end of the emerging market boom doesn’t mean that these stocks are in a death spiral.
Risk
Canada Pension Plan Investment Board to Issue Green Bonds
The ESG-related securities will contribute to the fund’s $2.3 billion renewable energy investment plans.
Recruitment Firm Staff Posed as Temps to Opt Workers Out of Pensions
TPR says the company tried to deny workers’ pensions to avoid benefits payments.
Newsmakers
Ray Dalio, James Cameron Launching Deep-Sea Exploration Program
OceanX will broadcast its discoveries via virtual classrooms, museum exhibits, and more.
Corporate Moves
SEC Names Caryn Kauffman as Chief Financial Officer
She has been climbing the agency’s ladder since 2013.
NextGen List of Tomorrow’s Asset Owner Leaders to Be Named by Chief Investment Officer
List replaces the 40 Under 40, highlighting 25 of the industry's best up-and-comers.
Bridgewater Is Bearish about 2019
The world’s largest hedge fund views rising interest rates and debt as big problems.
Responsibly Handling a DOL Investigation – A Primer for CIOs
During an investigation, DOL typically focuses on a core set of issues.
Hedge Funds, with Tepid Start to 2018, Get Bump in May
Their 0.65% increase last month makes up more than two-thirds of this year’s increase.
Newsmakers
Kentucky Governor Wants to Oust Judge in Pension Lawsuit
Republican Bevin requests new jurist, claiming current one is a biased Democrat.
Housing Market Is Still Sluggish, 10 Years After Crisis
Higher mortgage costs and a supply shortage are problems, though demand is decent.
Discount Rate Decreases Slow S&P Pension Improvements in May
Aggregate pension debt drops by $9 billion, but combined S&P 1500 debt is still more than $2 trillion.
UK MPs Call for Mandatory Disclosure of Climate Change Risks
Parliamentary committee said a voluntary approach for asset managers would not be effective.