Corporate Moves
TAE Technologies Hires William Coaker as First CIO
Kurt Braitberg has been tapped as his successor at the $34 billion San Francisco Employees’ Retirement System.
News Archive: Sep - 2021
Pensions
US House Eyes Improving Small Employer Retirement Plans
Capitol Hill is haggling over the budget, aiming to expand small-business programs and create more opportunities for protected lifetime income solutions.
Pensions
Union Threatens Strike Over Cuts at UK’s Largest Pension
The University and College Union says industrial action is now ‘inevitable.’
Alternatives
Chairman of Dutch Asset Manager MN Steps Down
Chief Financial and Risk Officer Fleur Rieter has been named interim chair.
Asset Allocation
Maybe the Drought Won’t Be That Bad for Ag Commodities
Big harvests outside the drought-stricken West may make up for a lot of the crop shortfalls, says Wells Fargo.
Regulation
SEC Settles With Eight Firms Over Inadequate Cybersecurity Measures
The regulator alleges a lack of safeguards exposed the personal information of thousands of clients.
Asset Allocation
Why Is OCERS Looking at Dumping Ray Dalio’s Prized Hedge Fund?
The California county pension program says his Bridgewater Pure Alpha has been dogging it since 2015.
Corporate Moves
University of California Reports Biggest One-Year Gain in History
The portfolios returned 28.9%, or $38 billion, in 2021 to raise their total asset value to $168 billion.
Asset Allocation
Job Posts Suggest Franklin Templeton Is Ramping Up Crypto Investing
The asset manager, which has over $1.55 trillion in AUM, is looking to hire a cryptocurrency trader and cryptocurrency analyst.
Market Moves
4 Scenarios for the Fed’s Tapering: From Benign to Horrible
What should the pace of reductions be? The slower, the better, says research sage Jim Woods.
Pensions
No Plan Safe From ERISA Lawsuits, Chamber of Commerce Warns
The lobbying group also says a surge in litigation could have ‘significant negative consequences for plan participants.’
Research
Investors Paid Lowest Fund Fees Ever in 2020, Study Finds
Morningstar research also says fees are ‘a reliable predictor of future returns.’
Asset Allocation
How to Make Money Investing in China, Crackdown Be Damned
The Beijing regime’s actions actually offer opportunities, argues EM ace Mark Mobius.
Alternatives
S&P Finds Little Evidence ‘Greenwashing’ Is Widespread
The firm says increased scrutiny of sustainable bonds is forcing issuers to substantiate ESG claims.
Corporate Moves
Chicago Teachers’ Names Interim Chief Investment Officer
The fund promotes from within, appointing Andrew K. Kelsen, the head of alternative investments, to the role.