Goldman: Divided Government Could Hurt Small-Cap Stocks
With the Democrats likely to take over the House, legislative gridlock may have a Wall Street impact, study shows.
News Archive: Aug - 2018
CDPQ Assets Hit $308.3 Billion in First Half of 2018
Equities are among the highest performers for the Canadian pension fund’s mid-year returns.
Record PE Growth Spurred by More than $1 Trillion in Dry Powder
Private equity AUM rises to more than $3 trillion.
Newsmakers
CIO’s Ninth Annual Industry Innovation Awards: Last Days to Nominate!
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
Corporate Moves
TD’s Epoch Investment Partners Names New COO
Phillipp Hensler will replace co-founder Timothy Taussig, who retires at the end of the year.
Welcome to August: History Says It’s the Worst Month for the Market
Upsetting events have a way of showing up this month and hurting stocks, LPL’s Detrick warns.
Pennsylvania Pension Panel Looks to Cut Investment Managers’ Fees
Study group searches for ways to bridge shortfall in state workers’ and teachers’ plans.
Newsmakers
CIO’s Ninth Annual Industry Innovation Awards: Last Days to Nominate!
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
CalPERS on the Hunt for Renewable Investments
New investment sustainability director bullish on ‘boring’ clean energy opportunities.
Newsmakers
Hawaii Retirement System Names Elizabeth Burton CIO
Head of Maryland’s quant strategies group will replace Vijoy Chattergy.
Morgan Stanley Warns a 2nd Market Correction Is Coming
Weakness in once market-leading tech threatens to reprise the winter 10% slide, the firm says.
PSP Investments Names Eduard van Gelderen CIO
Fills year-long vacancy left by Daniel Garant’s 2017 departure.
Hong Kong Asset, Wealth Management Surpasses $3 Trillion
Strong global economy helps spur industry growth in 2017.