Asset Allocation
Op-Ed: We Need to Talk about Pensions
Matthew Bale from RiskFirst, a Moody’s Analytics company, takes an analytical look at the implications of COVID-19 for the UK pension industry.
Tag: Stocks
Coronavirus - COVID-19
Ackman Scored $2.6 Billion on Bond Bets as Markets Sank
After toying with cashing in all his assets, the investor placed a canny wager against corporate fixed-income.
Why US Stocks Remain the Brawniest in the World
Strong tech outfits like Apple and Facebook help American equity returns power ahead of other nations’ markets.
Market Moves
As Virus Punishes Stocks, El-Erian Warns: Don’t Buy the Dips
Pummeled shares will take a lot longer to recover than normal, Allianz economist says.
Risk
Virus Outbreaks Harm Stocks, Just Not on Tuesday
S&P 500, aside from yesterday’s rally, has dipped up to 13% due to epidemics, Citi says.
Market Moves
Airline Stocks Fly High Despite Boeing MAX Mess
Thriving economy and trade war pause aid carriers, despite loss of tainted plane.
Perpetual Monetary Easing: Problem Creator for Pension Plans
The shift has left some pension plans vulnerable to future shortfalls in liquidity.
Asset Management Culture
Market-Lagging Druckenmiller: I Was Wrong About Stocks
Famed investor had backed out of most equities so he missed 2019’s huge rally.
Market Moves
NYSE Proposes New Method for Companies to Raise Capital When Going Public
Direct listing would allow companies to sell shares in opening auction on first day on exchange.
Asset Allocation
Baby Boomers Carry Risky Levels of Stocks, Says Fidelity
Almost 1 in 3 of them are heading into retirement equity-heavy, fund house finds.
Asset Allocation
Rhode Island Turns to Options and Emerging Markets Debt to Improve Funding
NEPC guides the state’s investment commission through the addition of new asset classes.
Asset Allocation
The 60-40 Stock-Bond Asset Mix Is Dead, BofA Warns
Equities will offer better risk-adjusted returns in the future, and bonds will slide, a report predicts.
Public Plans’ Funding Improves Slightly, But Not Asset Growth
Funded level was 73% in fiscal 2018, helped by lower liability increases.
Lower Interest Rates Will Shrink Pension Funding Status, Goldman Warns
A study projects that funding will drop to 86% in August, off from 91% four months before.
Newsmakers
Exclusive: How a More than $50 Billion Bet Boosted CalPERS Returns
A large move into equity factor investing was key for largest US pension.