The New York State Common Retirement Fund bought EV stocks including Nikola, Lordstown, and NIO, and vaccine makers BioNTech, Moderna, and Novavax in the second quarter.
The officials who manage Mississippi’s defined benefit pension system might leverage some of the plan’s biggest-ever investment gains as an opportunity to make lasting changes to ensure the plan’s long-term viability.
Alternative investment platform NorthRock Funds has unveiled a multi-manager vehicle which aims to offer institutional investors access to what it calls “high potential” emerging hedge fund managers running a range of innovative and niche investment strategies.
Canadian ETFs generated net inflows of $1.8 billion in July, a nine-month low, as a BlackRock bond fund appeared to suffer a large withdrawal by an institutional investor, according to National Bank of Canada.