News

Extensive and timely coverage of the institutional industry.

In The News
How The Rich Got Richer: Reddit Trading Frenzy Benefited Wall Street Elite

Instead of heralding a new wave of investor populism, the rise and fall of GameStop’s stock may end up reinforcing what professional investors have known for a long time: Wall Street is very good at making money.

02.10.21
In The News
ESG Credentials In Demand By Pension Funds

Survey finds most institutional investors look for sustainable investing and diversity criteria when hiring equity managers.

02.10.21
In The News
DiNapoli: State Pension Fund Rebounds From Pandemic Losses

The state pension fund has rebounded to almost $22 billion above its value before the COVID-19 pandemic hit, said state Comptroller Thomas DiNapoli.

02.10.21
In The News
Why Are Retirement Plan Sponsors So Far Behind On Sustainable Investing?

Lisa Woll, CEO of US SIF, discusses how inconsistent guidance has hindered the inclusion of sustainable investing options in defined contribution plans, but there is hope that a review ordered by President Joe Biden can change that.

02.10.21
Trends
Bitcoin: Does Hype Outweigh Potential Risk For Institutional Investors?

With Bitcoin (BTC) making waves and headlines worldwide in a bull run over the last several months, the institutional investment space is divided on the advantages and disadvantages that the “magic internet money” can bring to portfolios.

02.09.21
Hedge Funds
Rocky Mountain Plan Liquidates HFoF Investment; Increases Equities Exposure

A Rocky Mountain pension plan liquidated a hedge fund-of-funds investment and moved the assets to existing global equity managers at a board meeting last week.

02.09.21
Asset Study/Review
Mid-Atlantic Plan Adds New Asset Class

The plan added a new asset class after receiving an updated asset class assumption report.

02.09.21
Emerging/Diverse Managers
Southern County Plan To Make Minority Manager Hire

The recommendation will come from its general investment consultant later this month.

02.09.21
Consultant/OCIO/Discretionary
Texas Plan Concludes Consultant Search

Plan wrapped up its general investment consultant search following a pair of finalist presentations.

02.09.21
Consultant/OCIO/Discretionary
California Plan Begins PE Consultant Search

A California pension plan has launched an RFP for a private equity consultant.

02.09.21