In The News

In The News
Cathie Wood Says Bitcoin Could Skyrocket Another $500,000

‘Institutions are moving in,’ she said. They ‘have to look at new asset classes that are evolving and that have low correlation.’

12.10.21
In The News
California Pension Fund Sunk $340 Million Into Its Headquarters Before COVID. Was It A Mistake?

CalSTRS will be looking for commercial tenants in a market depressed by COVID-19 and a shift to remote work.

12.10.21
In The News
The Standard Announces Leadership Team And Organizational Changes

Standard Insurance Company today announced that Scott Hibbs, vice president and chief investment officer, will retire at the end of December.

12.10.21
In The News
No Dollar Signs This Time

How did the only “work of practical beneficence” worth acknowledging become writing checks?

12.09.21
In The News
Market Can Weather Evergrande Crisis, China’s Top Central Banker Says

People’s Bank of China Gov. Yi Gang said the central bank was committed to a level playing field for investors and that broader problems with debt at Chinese property developers should be dealt with according to market principles.

12.09.21
In The News
Arkansas Teacher Retirement System Trustees Address Why They Cut Target Rate Of Return On Investments

The executive director of the Arkansas Teacher Retirement System on Monday defended his recommendation for the system to cut its target rate of investment return from 7.5% to 7.25% a year, saying he couldn’t in good conscience recommend keeping the higher rate if the system’s actuary considered it unreasonable.

12.08.21
In The News
Public Pensions Need A Shift In Investment Strategies

A report, which says their investments have underperformed since the 2008 financial crisis and are costly, suggests officials should switch to purely passive investing.

12.08.21
In The News
Detroit Pension Fund Sues Dan Gilbert Over $500 Million Stock Sale

The Detroit police and fire pension fund is suing Rocket Cos. chairman and real estate mogul Dan Gilbert in Delaware, alleging he traded on insider information in a $500 million stock sale.

12.08.21
In The News
Institutional Investors Launch ‘ESG Book’ To Standardize Sustainable Data

Their goal is to make sustainability data more widely available and comparable.

12.07.21
In The News
More Pros Than Cons To DC Consolidation, Industry Says

Many contrary findings across the DB space also noted.

12.07.21