In The News
The Russian crisis is providing fund managers with another test of their liquidity limits. With Moscow’s bourse frozen, firms including JPMorgan and Amundi have suspended redemptions from funds worth more than $4 billion. It’s another reminder of the fragility of asset managers’ promise that customers can withdraw cash whenever they want.
BlackRock is among firms that have had informal discussions with SEC officials on the difficulty of exiting positions in Russian securities after the invasion of Ukraine.
The widespread international condemnation of Russia’s invasion of Ukraine has made holding those stocks reputationally toxic, even if it is legal.
The hedge fund outlook for 2022 is optimistic as investors seek to inject a further dose of capital into low beta strategies to protect against rising inflation.
Though cryptocurrency may be a central building block to the decentralized finance movement, its user base is now solidly more institutional than underground.
On January 26, 2022, the SEC voted to propose significant amendments to Form PF.
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.
Norway’s $1.3 trillion state-backed investment fund is the largest in the world.
Zebrowski said the comptroller’s office should identify additional Russian state-owned businesses in which the pension funds have invested.