In The News

‘We remain constructive” on midstreams/MLPs ‘given a solid fundamental backdrop, continued capital discipline,’ Wells Fargo says.

Defined benefit plan funded status is still up for the year, but there are several factors plan sponsors should consider as they set their risk tolerance for the rest of the year and into 2022.

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

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

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.

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.