Newsmakers
The Party Crasher
What happens when an inebriated and uninvited guest crashes CIO Summit New York? Things get messy.
Search results for: Janet Yellen
PIMCO Appoints Ben Bernanke as Senior Advisor
The former chief of the US Federal Reserve will advise the bond giant’s investment process as senior advisor.
LGIM: Central Banks Are Wrong on Inflation
A Legal & General Investment Management economist thinks the Fed and Bank of England are fundamentally wrong.
PIMCO’s Bad Month Continues with Stewardship Downgrade
Morningstar analysts have downgraded PIMCO’s stewardship grade from B to C following a visit to the California-based fund company.
What Asset Managers Agree On—and Don’t—for 2014
A review of 10 firms’ projections shows widespread bullishness on developed market equities, and a total lack of conviction about emerging markets.
Regulation
PBGC Paid $127M for Deceased Central States Participants, Senate Republicans Demand Repayment
The error was identified in November 2023, and the Central States pension plan has asked for legal clarity on how to return it.
Is Volatility Too High?
An S&P Dow Jones Indices director has argued that the Vix index is far higher than “realised” volatility—but the ride will get rougher in the next few months.
Operation Twist Leads Fed to Move $400 Billion to Long-Term Holdings
The Federal Reserve Open Market Committee (FOMC) has announced a bond swap, with plans to purchase $400 billion in longer-term securities while selling an equal amount of short-term ones by June 2012.