In The News

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
In The News
Bardin Hill Raises $600 Million For Opportunistic Credit Strategy

The Strategy identifies and executes on stressed, distressed, process-driven, and special situations investments less correlated to global debt and equity markets with a focus on control-oriented opportunities in smaller and medium-sized capital structures.

02.09.21
In The News
DivestUVA Open Letter Calls For Divestment From Fossil Fuels And Other Unsustainable Ventures

Demands include defining what is encompassed in fossil fuel industries and getting the University to disclose the percentage of current investments held in such industries through UVIMCO.

02.09.21
In The News
'Another UNC Is Possible': Four-Point Plan Calls For New Approach To Financial Crisis

Another UNC is Possible is a plan to address the immediate financial concerns of the UNC System while facilitating an equitable transition toward a post-pandemic North Carolina.

02.09.21
In The News
PIMCO Dynamic Income Opportunities Fund Raises $2 Billion In IPO

The Fund’s common shares began trading today, January 27, 2021, on the New York Stock Exchange under the symbol “PDO” and the offering is expected to close on Friday, January 29, 2021, subject to customary closing conditions.

02.08.21
In The News
The Competing Factors Driving ESG Disclosures

There has been mounting pressure on mandatory ESG disclosure in recent years that may reach a precipice in 2021 with a new SEC Chairman.

02.05.21
In The News
State Pension Fund Returns Soar Amidst Pandemic

The Pension Reserves Investment Trust (PRIT) Fund saw a return of 16.4 percent from July 1 through Dec. 31, outperforming its benchmark for that period of 12.5 percent.

02.04.21