Regulation
US Bill Would Create Lost and Found for Retirement Savings
An estimated 30% of all US employees have left a retirement account at a previous employer, lawmakers say.
News Archive: Jul - 2020
Opinion
Op-Ed: What Helped Me Become an Allocator as an African American Woman
Steps you can take to make teams diverse and inclusive.
Regulation
Mississippi Pension Sues Mylan over Alleged Scheme to Deceive FDA
President Rajiv Malik is accused of ordering workers to manipulate quality control data.
Alternatives
Student Housing Investment Remains Uncertain, S&P Says
Some pension funds and other institutions have taken big positions in the segment.
CIO Launches Webinar Series
Monthly virtual panels and active discussions on highly discussed topics to start July 23.
Newsmakers
Under New Ownership, McClatchy Could Offload $1.4 Billion Pension Assets to PBGC
The bankrupt newspaper chain’s retirement obligations propelled it into Chapter 11, but the new owner, hedge fund Chatham, will get a clean slate.
Market Moves
ESG-Friendly Stocks Have Done Better in Virus Downturn, BofA Says
‘A bear market necessity’: Higher employee satisfaction is critical factor, the study concludes.
Alternatives
Australia’s Second Largest Pension to Divest from Thermal Coal
The fund also said it will reduce emissions from its listed equities by at least 30% in under three years.
Corporate Moves
Class of 2019 NextGens: Where Are They Now?
One year later, the most recent class of future leaders is moving up and shaping investment decisions in a markedly changed landscape.
Risk
Liquidity Woes Have Abated, But Don’t Get Too Comfy, JPM Says
After the March freak-out, when even selling a Treasury was tough, a shaky equilibrium prevails.
Asset Allocation
Endowments Should Abandon Alts for Passive Investments, Report Says
Research shows that alternatives have become ‘serious drag’ on institutional fund performance.
Pensions
Canada’s PSP Investments Loses 0.6% for Fiscal Year 2020
Despite loss, pension investment manager easily tops benchmark’s 2.2% decline.
Market Moves
Economic Pain May Last for Years, Shiller Warns
Psychological effect of persistent virus could make businesses and consumers overly cautious, hurting GDP, the economist says.
Newsmakers
Support Grows for US Creating a Sovereign Wealth Fund
Ray Dalio, Joseph Stiglitz say such a move could help close the wealth inequality gap.
Alternatives
Private Equity Investments Withstand COVID-19 Slowdown
Survey finds pandemic has had little effect on capital structure of private equity funds.