Market Moves
Shredded Equities Get New Love: ETF Inflows Are Up
Inflation is still sizzling and geopolitics are scary, but even Cathie Wood’s fund is attracting investors again.
News Archive: Oct - 2022
Asset Allocation
MIT, Bowdoin Endowments Lose 5.3%, 7.1% in Fiscal 2022
‘Challenging economic conditions’ reduce MIT’s endowment by nearly $3 billion.
Market Moves
Fright Among British Pension Funds as Bonds Buying Ends
Bank of England says it is ceasing support for gilts on Friday, as plans face punishing margin calls amid tanking fixed-income values.
Pensions
Funding Status of Pensions Increases Marginally Despite Equity Market Downturn
Concluding the September pension watch, two consultants monitored that funding ratios in U.S. plans had eclipsed over 100% funded.
Pensions
U.K. Regulator Says Pension Trustees Are Not Prioritizing Diversity, Inclusion
TPR has published an ED&I action plan in response to ‘worrying’ research showing that trustees are doing too little.
Pensions
Iceland Tops Global Pension Index Again
The Netherlands and Denmark round out the top three for the second straight year.
Market Moves
The Big Question: How Hot Will the New CPI Be?
A forecast from the Cleveland Fed is not encouraging. But Brainard and Evans have soothing words.
Asset Allocation
The 5 Companies that Make the Market Go Up or Down
Apple, Amazon, Microsoft, Alphabet, and Tesla make up a core portion of both the S&P 500 and Nasdaq 100.
News
U.K. Pension Withdrawals Surge Amid Rising Inflation
Data show plan participants are increasingly dipping into their pensions to offset cost-of-living increases.
Pensions
Canadian DB Plans Weather Market Volatility, Inflation … So Far
With challenging conditions likely to persist, Mercer advises plan sponsors prepare for the worst but hope for the best.
Newsmakers
Voya Investment Management Names Matt Toms First Global CIO
Toms, formerly the firm’s fixed income CIO, will oversee $330 billion in assets under management.
Research
Public’s Cash Stash Will Cushion a Downturn? Maybe Not
Economist Shepherdson says Americans’ savings already has been whittled down.
Asset Allocation
Canadian Pension Giant Expects Carbon Neutral Internal Ops by 2023
The $392 billion CPPIB also said it will nearly double its investments in green and transition assets by 2030.
Asset Allocation
Louisiana Divests Nearly $800 Million from BlackRock to Protect Fossil Fuel Industry
Treasurer John Schroder calls ESG investing a threat to democracy and individual liberty.