The pandemic is going to reveal to the world how important wellness is, according to Lionstone’s Bryan Sanchez, which he adds will change the way property investors consider geographies and certain categoisations.
While asset managers are optimistic that market conditions will stabilize and improve, they still point to strategies investors can consider in the current environment.
U.S. stocks jumped, nearing a record 30,000 on the Dow, after Moderna said preliminary trial data showed its coronavirus vaccine is more than 94% effective.
The main state-employee pension fund has recovered significantly from the coronavirus-linked stock market sell-off back in March, according to State Comptroller Thomas P. DiNapoli.
California Public Employees Retirement System (CalPERS), the largest public pension fund in the United States by assets, has increased its exposure to stocks of Nio Inc, Nikola Corporation, and Zoom Video, the fund disclosed in a form filed with the U.S. Securities and Exchange Commission.