Asset Allocation
So, SPACs Are Dead Meat? Not a Chance
The craze for the blank check outfits might have dwindled, due to the SEC, but they’re still a good investing choice, our symposium panelists say.
News Archive: May - 2021
Regulation
Target-Date Funds Have a Target on Them
Congressional leaders are calling on the GAO to investigate risks and expense concerns with the popular funds.
Market Moves
Expect a Further Dollar Slide, But It’ll Be ‘Mild,’ Says Currency Sage
State Street’s Aaron Hurd sketches out for our symposium how to navigate a further decline for the buck.
Asset Allocation
Health Care, Enterprise Tech, and Other Tips for China from Allocators
Savvy knowledge of Beijing’s capital markets is in higher demand than ever before, as investment chiefs discussed at the 2021 CIO Symposium.
Asset Allocation
CIOs See Fixed Income Targets in High Yield, Emerging Markets, Private Credit
Panel of investment managers expects high short-term inflation, but says it’s not a concern.
Asset Management Culture
Part 4: Q&A with Shundrawn Thomas: ‘A Picture Is Worth 1,000 Words’
The president of Northern Trust Asset Management discusses C-suite diversity.
It’s Not Too Late to Attend Our Virtual Symposium
You can sign up now to watch panels from Wednesday on.
Pensions
Ontario Teachers’ Plan Acquires Brazilian Electricity Transmission Firm Evoltz
The purchase from asset manager TPG nets the pension fund seven electricity lines in 10 Brazilian states.
Asset Management Culture
CalSavers Survives Legal Challenge
Appellate court rules ERISA doesn’t pre-empt the California law that created the state-managed IRA program.
Former Live Well CEO Convicted in $200 Million Bond Fraud
Michael Hild allegedly called his scheme to mismark bonds a ‘self-generating money machine.’
Market Moves
Is Higher Inflation Coming? Yeah, a Whopping 20%, Says Jeremy Siegel
But don’t worry, because stocks will do fine then, the noted equities fan advises.
Alternatives
Pension Fund Increases Its Blockchain Technology, Bitcoin Allocations
CIO Katherine Molnar will speak at the CIO Symposium on May 12 with CIO Andrew Spellar.
Corporate Moves
Nevada PERS to Add Another Investment Officer
Steve Edmundson will no longer be the lone investment staff member at the $53.2 billion state pension fund.
Pensions
UK’s Largest Private Pension Fund Commits to Net-Zero by 2050
The $93.9 billion USS said it hopes to reach its goal even sooner than the Paris Agreement target.
Last Chance to Sign Up for the CIO Symposium
Panels, open to CIOs and allocation investment team members, were chosen by chief investment officers to be helpful for the pandemic investing environment.