Pensions
Institutional Plans Report Best Quarter in over 33 Years
Large plans underperformed small plans, likely due to significant exposure to alternative investments.
Tag: Coronavirus
Asset Allocation
Long-Range Investing, a Decline in Births, and a Fertility Rate that’s Scared of COVID-19
What to consider with COVID-19 accelerating an already steady baby bust.
Coronavirus - COVID-19
Maybe, Just Maybe, the Virus Woes Have Peaked
Commonwealth’s McMillan sees encouraging pandemic data, and thinks the recovery can continue.
Pensions
UK’s Largest Pension Fund Loses 1.7% in Fiscal 2020 But Beats Benchmark
Universities Superannuation Scheme reports 6.19% five-year return.
Market Moves
Giddy Market Focuses Only on the Fed Statement’s Good Half
The rest of the announcement, spotlighting the virus’ seemingly dauntless chokehold on the economy, gets ignored.
Coronavirus - COVID-19
Fitch Says GDP Impact from COVID-19 Will Last until Mid-2020s—If We’re Lucky
Report bases economic outlook downgrade on no renewed lockdowns.
Market Moves
The Dollar Is in Peril of Getting Knocked Off Its Perch, Goldman Warns
Tumbling value for the greenback could end its status as the world’s reserve currency, the firm’s analysts say.
Asset Allocation
Rhode Island Pension Returns 3.8% in 2020 to Hit Record-High Asset Value
‘Crisis Protection Class’ defensive strategy helps portfolio double benchmark’s return.
Risk
Arkansas Teachers Pension Sues Allianz Global Investors over $774 Million Loss
Firm is accused of abandoning strategy intended to protect against market downturns during COVID-19 crash.
Alternatives
Institutional Investors Boosting Hedge Fund Allocations, Survey Finds
Allocators leery of a second half downturn are diversifying portfolios with the asset class.
Research
Increased Investor Risk Appetite Spurs Endowment Index Q2 Rebound
Index jumps 15.40% after plunging more than 20% during the first quarter.
Market Moves
Stock Market Will Be Flat for a While, Says Bob Doll
Flanked by giddy bulls and gloomy bears, the Nuveen strategist looks for an earnings rebound in the fourth quarter and a lessening of the virus’ malign effect.
Market Moves
Economic Pain May Last for Years, Shiller Warns
Psychological effect of persistent virus could make businesses and consumers overly cautious, hurting GDP, the economist says.
Alternatives
Private Equity Investments Withstand COVID-19 Slowdown
Survey finds pandemic has had little effect on capital structure of private equity funds.
Market Moves
Tail Risk Hedges Are Vital for Investors Now, Argues Black Swan Theory Guy
Things are so unpredictable that buffering yourself against unknown surprises only makes sense, says Nassim Nicholas Taleb.