07/15/2020
Post-pandemic Retirement: Can We Build More Resilient Systems?
The pandemic is also hastening the imminent insolvency of the Social Security Trust Fund in the U.S., a recent report by the Penn Wharton Budget Model has found.
Alternative Investments
07/15/2020
Wall Street edges higher as earnings season kicks off
Investors lodged in ‘zone of uncertainty’ while US states grapple with coronavirus
07/15/2020
CalPERS board learns about embedding leverage in asset allocation
Skipping over changing return assumptions, he said market opportunities are asset classes not already in an investor's portfolio.
07/15/2020
PNC Reports Second Quarter 2020 Net Income Of $3.7 Billion
Strong capital, liquidity and reserve levels Supporting customers, communities and employees
07/14/2020
SS&C GlobeOp Hedge Fund Performance Index
The SS&C GlobeOp Hedge Fund Performance Index offers a unique reflection of the return on capital invested in funds.
07/13/2020
Hedge fund titans grab lion’s share of industry spoils
Investors end up paying high fees for poor returns while managers accumulate personal fortunes
07/13/2020
These companies with underfunded pensions could drag down your portfolio, Morgan Stanley warns
The strategists estimate pension benefit obligations will rise 6% year-over-year when companies have to square up at year end.
07/13/2020
Vanguard tops BlackRock in battle to win ETF business
Pennsylvania-based asset manager attracts record inflows of $90bn in first half
07/13/2020
Coronavirus fails to derail the evolution of retirement income
Saving for retirement has become more challenging since the economic slowdown
07/10/2020
Blackstone Announces $4.6 Billion Final Close of Life Sciences Fund
Blackstone Life Sciences has already invested and committed nearly $1 billion from this fund over the past three months, demonstrating strong demand for the strategy
07/09/2020
Brasa Capital Management closes on first real estate credit vehicle
The new credit platform will allow us to harness our expertise and our local sponsor network to target high-yield opportunities in markets that we have been operating in for some time to generate attractive risk-adjusted returns
07/09/2020
CI Financial reports assets under management for June 2020; Wealth management assets at record high
Assets managed by CI's recently acquired U.S. businesses are now included in CI's total assets under management.
07/08/2020
KKR to Acquire Global Atlantic Financial Group Limited in a Strategic Transaction
Global Atlantic serves more than two million policyholders through its retirement and life insurance products.
07/07/2020
The Venture Capitalists Forging Ahead
General Catalyst, Insight Partners, and F-Prime Capital stepped up dealmaking as competitors hung back, according to PitchBook.
07/07/2020
Astor Capital Fund to Establish Charitable Giving Wing – $47M Project
A New Focus on Community, Education, and Environmental Sustainability
07/06/2020
Japan’s Sumitomo Mitsui Trust opens US office
The company has three other overseas offices, in Hong Kong, London and Singapore.
07/06/2020
Hiscox launches variable consortium for hard-to-place general liability risks
Consortium members can flex their line up to a selected maximum on a risk-by-risk basis, rather than be tied to a predetermined share of all business.
07/06/2020
United Insurance Holdings announces a $30m cat loss in Q2
It includes claims from 15 new catastrophe events assigned serial numbers by Property Claims Services (PCS), and three new named tropical windstorms.
07/03/2020
Ares Management Corporation Completes Acquisition
Ares SSG and its stakeholders will benefit from Ares’ knowledge, networks and resources as they seek to continue to capitalize on current investment opportunities and build out the investment offering over time.
07/02/2020
Classifying next-gen opportunities in ETFs
As a result, thematic ETFs are likely to become more popular than those that adhere to the market-cap-weighted archetype or traditional sector frameworks.