Newsmakers
Who Is the No. 1 Quant? A Contest for the Best Stock Prediction Will Decide
Abu Dhabi is backing a competition for quantitative investing aces, with a $40,000 top prize.
News Archive: Jun - 2023
Debt Ceiling Measure Clears the Senate After Day of Debate
The bill, passed by a vote of 63 to 36, heads to President Biden for his signature ahead of the June 5 deadline default.
Pensions
PPG Agrees to Transfer Pensions of 4,000 Retirees
The $309M transaction moves the liabilities to insurers Legal & General and RGA.
Risk
Due Diligence: Using ESG as a Risk Mitigator
Although seldom apparent in financial statements, environmental, social and governance deficiencies can come out of nowhere and slam investors.
Risk
Essential Prevention: Cybersecurity Has Never Been More Important
Allocators, money managers and regulators are realizing cybersecurity processes need continual updating.
Research
Paper From Japan’s GPIF Proposes New Way to Compare Alts With Traditional Assets
The authors claim their Spread Based Direct Alpha method is more accurate than current measurements.
Asset Allocation
Norway Pension Board Puts Indonesian Firm Under Observation
Indonesia’s largest cement producer allegedly presents a risk of damage to prehistoric cultural heritage sites.
Risk
U.S. House Passes Debt Ceiling Bill
Senate to consider bill on Thursday with June 5 Treasury Department deadline looming.