Risk
Looks Like Just a Quarter-Point Fed Hike Up Next
As inflation eases, investors think the central bank’s next move will be small.
News Archive: Jan - 2023
Newsmakers
Norges Bank Investment Management Launches Climate Advisory Board
Group will advise Norway’s $1.3 trillion sovereign wealth fund on climate-related financial risks.
Research
How the Investing World Is Changing for Good, and for Bad, per JPM’s Savant
An end to artificially low rates and globalization will have mixed results, strategist Michael Cembalest finds.
Asset Allocation
Scrutiny as a Return Driver
Allocators need to re-think due diligence in the wake of write-downs in private markets.
Risk
Crypto Bloodbath Won’t Stop Spreading, as Some Lose the Right to Their Money
A bankruptcy judge’s ruling against customers in the Celsius case is the latest blow.
Newsmakers
New York State Comptroller Calls for Political Spending Disclosures
Thomas DiNapoli files shareholder proposals with nine companies held in the state pension fund’s $233.2 billion portfolio.
Newsmakers
Agecroft Partners Predicts Top Hedge Fund Industry Trends for 2023
Don Steinbrugge released his top expected trends for the hedge fund industry in 2023.
Newsmakers
MassMutual Names New CIO
Tim Corbett, the current CIO, will retire after 12 years in the role.
Research
Black-Scholes 2.0: Classic Valuation Method Expanded to Risks and Returns
The earthshaking 1973 stock options formula gets an update from two finance professors.
Manager Selection
LACERA Seeks to Fill Newly Created Deputy CIO Role
Los Angeles County fund administrator is looking for candidates to help Jon Grabel oversee a $67.6 billion portfolio.
Pensions
Pension Spending Supported $1.3 Trillion in Economic Output During Pandemic
Report finds strong economic gains attributable to DB pension expenditures in 2020 despite COVID-19 outbreak.
News
Auditor of the State Completes Special Audit of Ohio STRS
Ohio STRS’ receives a clean audit of its operational efficacy in transparency, investment management, cost of living adjustments and usage of regional offices.
Pensions
How Allocators Can Boost Their Woeful Diversity
Milken Institute study spells out methods to enhance DEI in the finance industry.
Pensions
Despite Steep Losses, Canadian DB Plans End Year Fully Funded
Surging bond yields offset double-digit investment losses to push funded levels above 100%.
Pensions
Corporate Pension Sponsors’ Use of OCIO Services Is Growing, While Interest in Risk Assets Wanes, Research Finds
Vanguard’s 2022 pension sponsor survey explores how the global pandemic, market volatility and rising inflation influenced pension decisionmaking.