Pensions
Public Pension Fund Debt Expected to Reach ‘All-Time High’
Retirement systems will struggle with meeting their required contribution targets, Pew report says.
Tag: Pandemic
Coronavirus - COVID-19
Endowment Index Tumbles over 20% in First Quarter
COVID-19 wipes out robust 2019 earnings in just three months.
Asset Allocation
IMF Expects Worst Economic Fallout Since Great Depression
Group proposes four-point plan for ‘bridge to recovery,’ saying many emerging countries will need a reallocation of their limited public resources and an increase in the world’s flow of resources to them.
Alternatives
Coronavirus a Boon for 2018/2019 Private Equity Vintage Funds
New funds will acquire portfolio companies at bottom of price curve.
Coronavirus - COVID-19
BlackRock CEO Believes Economy Will ‘Recover Steadily’
Larry Fink says pandemic has sparked re-evaluation of global economy and that ‘the world will be different’ post COVID-19.
Coronavirus - COVID-19
SEC Relaxes Reporting Regulations Due to Coronavirus
Investment advisers, funds, and public companies are granted 45-day extensions for certain reports.
Coronavirus - COVID-19
Coronavirus Will Cause ‘Unprecedented Shock’ to Global Economy
Moody’s forecasts G20 economies’ GDP to contract 0.5% in 2020.
Asset Management Culture
AM Best Creates Pandemic-Related Stress Test for Insurance Firms
Pension risk transfer market likely to slow because of downturn.
Asset Management Culture
Exclusive: San Francisco’s CIO Calls Allocators and Industry Leaders to Action during Pandemic
SFERS encourages business to be creative in supporting the COVID-19 relief effort and to ‘utilize the current crisis to lead the human experience to new heights.’
Asset Management Culture
BlackRock Commits $50M to Coronavirus Relief Efforts
The institutional investor joins firms such as JPMorgan in mobilizing around the relief effort.