Economy

CalPERS to provide added source of contingent liquidity to derivatives clearinghouse

CalPERS has joined a fully committed repo facility with derivatives clearinghouse Options Clearing Corp. and securities lending agent eSecLending to provide contingency liquidity in the event of a...

March 12, 2015 | 03:16 pm
Strong dollar risky for the U.S.

Strong dollar risky for the U.S.

There are risks for the U.S. in a soaring dollar. It gives a competitive advantage to our trading partners. That means it stimulates our imports while depressing our exports. In addition, it...

March 11, 2015 | 04:11 pm
Moody's downgrades Chicago's credit rating on pension liability concerns

Moody's downgrades Chicago's credit rating on pension liability concerns

Moody's Investors Service downgraded Chicago's credit rating to Baa2 on Friday, citing concerns over the city's “highly elevated” unfunded pension liabilities.

February 27, 2015 | 04:03 pm
KKR: Chinese economy has finally reached a tipping point toward services

KKR: Chinese economy has finally reached a tipping point toward services

KKR is predicting slower economic growth in China but says there is potential for short-term gains for stocks in 2015. The main driver of this potential is the growth of the services sector - which...

February 26, 2015 | 02:46 pm
Wider implications of oil prices

Wider implications of oil prices

With the rapid decline and ongoing volatility in oil prices, investors will already have a sense of how the parts of their portfolios directly exposed to energy have responded, but it is also...

February 26, 2015 | 12:01 am
Active investing in an indexed world

Active investing in an indexed world

While active management still plays a critical role in portfolios of all sizes and sophistication levels, it’s hard to ignore the reams of headlines and research notes making the case for...

February 25, 2015 | 12:18 pm

BATS Global Markets taps president as new CEO

Chris Concannon on Tuesday was named CEO of BATS Global Markets, effective March 31.

February 24, 2015 | 02:02 pm
Incoming CEO of BATS looks to expand firm through FX forwards

Incoming CEO of BATS looks to expand firm through FX forwards

Chris Concannon will be taking the reins at BATS Global Markets Inc. with an eye toward expanding the firm's trading in foreign-exchange forward contracts and possibly in precious metals.

February 24, 2015 | 05:22 pm

Sustainable investing strategy AUM soars 61% in 2 years — report

Assets under management incorporating sustainability investment strategies reached $21.1 trillion globally as of the beginning of 2014, up 61% from the onset of 2012, said the “Global...

February 24, 2015 | 03:56 pm
State Street Investor Confidence index falls 1.3% in February

State Street Investor Confidence index falls 1.3% in February

State Street's Investor Confidence index dipped 1.3% in February to 105.2, its lowest level since December 2013.

February 24, 2015 | 11:56 am
Corporate pension funds weigh derisking vs. re-risking

Corporate pension funds weigh derisking vs. re-risking

Corporate plan sponsors on both sides of the Atlantic are pushing back against the ramifications of lower interest rates, tipping a balance to re-risking from a derisking glidepath, say money...

February 23, 2015

Luminex offers a wake-up call for dark-pool operators

To U.S. dark-pool operators, the development of an exclusive managers-only trading venue, Luminex Trading & Analytics LLC, is a splash of cold water on the face of an industry that some managers...

February 23, 2015 | 12:01 am
Why have bond yields rebounded?

Why have bond yields rebounded?

The 10-year U.S. Treasury bond yield is up to 2.13% on Feb. 20 from this year's low of 1.68% on Feb. 2. It started the year at 2.17%. What happened to trigger such a fast and nasty reversal? Here is...

February 23, 2015 | 10:47 am
State private retirement programs get help from president

State private retirement programs get help from president

Private-sector retirement solutions programs at the state level are getting a boost from the White House.

February 23, 2015

Fed minutes show patient approach to raising funds rate

Members of the Federal Open Market Committee discussed the trade-offs in raising the federal funds rate or delaying action longer at their meeting in January, according to minutes released Wednesday.

February 18, 2015 | 03:38 pm