Teamsters’ Pension Lawsuit Could Thwart Vaccine Mandates
The union says its pension fund’s mandatory vaccine policy violates collective bargaining agreements.
Coronavirus – COVID-19
More Investors Are Allocating to Emerging Alternatives Managers
The lack of in-person meetings did not dampen interest in smaller firms, which are putting themselves out there through Zoom.
Special Report: How City Office Centers, Written Off as Relics, Will Return, Post-Pandemic
The urban workspaces of the future are going to see more personalization, more automation, and more focus on health and wellness.
Vaccine Elation Will Lead to the Market’s Fall, BofA Sage Warns
The S&P 500’s happy days are numbered, with investors blind to Washington overreach, says Michael Hartnett.
Tips from Druckenmiller: Commodities, Asian Stocks, Big Tech
Despairing of US policy and low interest rates, the billionaire investor makes his case.
IMF Upgrades Global Economic Forecast for 2021
Amid ‘exceptional uncertainty,’ World Economic Outlook projects 2021 growth of 5.5% after a 3.5% contraction in 2020.
Dimon Frets Over Weak Recovery and Fintech Rivals
That’s even as the JPM chief just turned in record earnings, and bank stocks are almost recovered.
NYC Comptroller Calls for SEC to Investigate Tyson
The Empire State’s pension system is mounting investor pressure against the poultry giant, which has been criticized for its pandemic safety practices in its plants.
COVID-19 Spurs Economic Policy, Investment Trends Acceleration
While some changes induced by the pandemic will fade away, others are here to stay.
CEO Charged in Rapid COVID-19 Test Scam
Decision Diagnostics’ stock soared 1,500% in less than two months on allegedly false claims of a 15-second COVID-19 test.
A Look Ahead to 2021: Institutional Investors Brace for a Bumpy Road
The majority of global allocators are planning defensive strategies, expecting slides in everything from stocks to SPACs, a Natixis survey says.
US Public Pensions’ Funded Ratio Declines More Than 2% in 2020
Despite funded levels falling to 70.7%, the 100 largest public plans have ‘shown great resiliency’ in the face of the pandemic.
COVID-19 Has Shaken Up Vast Majority of Plan Sponsors
But the pandemic has not slowed down pension buyout activity.
Wells Fargo: 2020 Market Is Too Iffy to Put New Money In
The election and the virus could trigger another stock slump, says strategist Christopher Harvey.
Actuarial Projections: Virus Might Cause ‘Meaningful’ Increase in Death Rate for Elderly
An extra 300,000 fatalities for seniors could raise the figure to 4.7% by year’s end.