Alternatives
Tips from Druckenmiller: Commodities, Asian Stocks, Big Tech
Despairing of US policy and low interest rates, the billionaire investor makes his case.
Tag: COVID-19
Pensions
Public Pensions Increasingly Rely on Investment Earnings
NCPERS study finds public retirement systems derive 71% of revenue from investment returns.
Pensions
Rhode Island Pension Fund Beats Benchmark with 11.9% Return in 2020
Portfolio gains roughly $876 million in last two months of year to raise asset value to a record $9.5 billion.
Asset Management Culture
Global Foreign Direct Investment Plummets 42% in 2020
Developed nations were hit the hardest, with FDI tumbling 69% from 2019.
Coronavirus - COVID-19
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.
Asset Management Culture
Breaking News from Davos: China’s Xi Calls for Multilateralism in Keynote Speech
Chinese leader says there is a need to balance COVID-19 responses with economic development.
Op-Ed: Which Injections Should Investors Watch in 2021?
Everyone is eager for vaccine news and numbers, but longtime investor Tony Waskiewicz argues the real portfolio boosters will be any actions from the Fed and Congress.
Asset Allocation
North Carolina State Pension Returns 11% to End 2020 at Record High
State Treasurer Dale Folwell credits a conservative investment strategy for the fund’s strong performance.
Alternatives
Real Estate Offers Opportunities for Private Market Investors in 2021
Mercer says investors should increase their risk appetite and consider allocating to real estate this year.
Asset Allocation
Endowment Index Ends Second Straight Year at Record High
Despite 10.14% rise during 2020, the index still underperformed a 60/40 stock-bond portfolio.
Market Moves
Goldman: Total Democratic Control of Washington Will Improve Economic Growth
The party’s dominance will permit a third round of federal stimulus this winter, lifting 2021 GDP to 6.4% growth, the firm says, as it brightens its forecast.
Risk
State Treasurers File Shareholder Action over Alleged Gilead Price Gouging
Pennsylvania, Rhode Island call for independent chair at biotech firm after it reportedly priced remdesivir at more than 500 times the cost.
(Exclusive) Triage: How a Virus, a Mission and NYC’s Most Vulnerable Created a Story of Hope
During the height of the COVID-19 pandemic, as markets were rapidly crashing, MSK’s CIO and investment team were asked to redeploy 30% of the staff to serve the Cancer Center’s broader mission.
Coronavirus - COVID-19
COVID-19 Spurs Economic Policy, Investment Trends Acceleration
While some changes induced by the pandemic will fade away, others are here to stay.
Coronavirus - COVID-19
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.