Though cryptocurrency may be a central building block to the decentralized finance movement, its user base is now solidly more institutional than underground.
Shares in energy firms and payment service companies rose sharply on Chinese markets on Monday as investors bet on stocks they saw potentially benefiting from the conflict in Ukraine, while a major fund house repeated a warning against speculation.
Critics cite a report by the Womble Bond Dickinson law firm that raises questions about governance at PSERS. The agency’s leaders dispute the criticism.
The decline in technology shares that’s hit Baillie Gifford risks exposing a group of U.K. pension funds to volatility because they have more money tied up with the Scottish fund company than any other stock picker.
The world’s pension funds are growing as an ageing population puts more money aside to pay for retirement. The global total has doubled in the past decade to almost $57 trillion. But the biggest pool of savings risks missing out on both diversification and returns by restricting its investments to its domestic markets.
Small-cap growth stocks have dropped far from their highs, leading some to wonder if they’re now bargains. The answer is no, says TheStreet.com columnist Mark Hulbert.