Graphic: A five-trick pony
August 10, 2020 12:00:00 AMU.S. equities, and arguably the economy as a whole, have never been more dependent on so few companies.
Treasury yields drop to 0.55%, a 243-year low
August 03, 2020 10:00:23 AMThe 10-year Treasury fell to its lowest point since the Revolutionary War as COVID-19 continued to hobble the economy.
U.S. GDP drops by $2.2 trillion in Q2
July 31, 2020 10:08:38 AMThe U.S. economy fell precipitously in the second quarter driven by slowdowns in consumer and business expenditures.
Cheap funds continue to be en vogue with 401(k) plans
July 28, 2020 04:01:26 PMThe push for low-cost, index investment options and competition have driven expense ratios lower as fewer can justify high-fee funds.
Larger endowments, foundations lean on private equity allocations
July 27, 2020 03:08:18 PMEndowments and foundations with larger private and alternative allocations protected assets better in the first quarter.
Graphic: Berkshire Hathaway stumbles in 2020
July 27, 2020 12:00:00 AMBerkshire Hathaway has historically been a tempering force in the S&P 500 index, this year, however, the stock has struggled.
Active equity managers mostly outperformed in Q2
July 24, 2020 12:01:53 PMActive management had its day in the sun during the second quarter with EAFE and ex-U.S. managers the most successful.
Private equity tops public pension asset classes
July 23, 2020 11:45:49 AMPrivate equity added 14% to U.S. public pensions over the past decade, beating out other asset classes while allocations varied widely.
U.S. companies issue more debt as spreads tighten
July 22, 2020 01:04:59 PMRisky debt hits the market as COVID-19 cases refuse to fade and threats of continued shutdowns affect the economy.
Some managers see return to the office; others aren't so sure
July 15, 2020 11:15:27 AMCOVID-19 shelter-in-place mandates sent millions home to work remotely but when they'll return to the office is uncertain.
Graphic: The revolution will be automated
July 13, 2020 12:00:00 AMThe 18.8-percentage-point gap between the year-to-date returns of S&P 500 and the Nasdaq is the widest since 2003.
2020 fund returns seemingly defy logic in down-market behavior
July 10, 2020 12:28:16 PMGrowth is beating value this year — handily — and that's not supposed to happen in a down market.
June NISA Pension Surplus Risk index rises on asset volatility
July 09, 2020 02:01:26 PMThe NISA Pension Surplus Risk index settled down in June as funded status improved, even as fears of a pandemic resurgence mounted.
Pandemic downturn causes CMBS delinquencies to spike
July 09, 2020 01:26:14 PMCommercial mortgage loan delinquencies rose to $54 billion in June as retail loans continued to struggle and hotels add to stress.
Asset gains offset falling rates to stabilize pension funding
July 07, 2020 02:27:14 PMThe second-quarter rally in equities slightly outpaced falling rates and tighter spreads to stabilize corporate pension funding.
Graphic: Corporate debt -- quantity, not quality
June 29, 2020 12:00:00 AMESG exchange-traded funds and products add $65 billion in 2020
June 25, 2020 01:25:00 PMInvestor interest in exchange-traded ESG products jumped in 2020 despite a very down and volatile year as managers keep supplying product.
$3.7 trillion in debt at risk from carbon regulation
June 24, 2020 12:39:02 PMHigh carbon regulations could put as much as $3.7 trillion of global debt at risk as states move to green initiatives.
Pension funds expect more focused passive approach
June 23, 2020 11:06:33 AMPension plans are looking to shift their passive investment approach to ESG and focused strategies from a broad market view.
Treasuries, corporate bond correlations diverge amid market volatility
June 19, 2020 01:08:53 PMThe correlation between corporate bonds and equities has turned positive as the economy struggles to recover from the COVID-19 outbreak.
Money markets did their best to buoy DC assets in Q1
June 18, 2020 01:28:33 PMDefined contribution plans in the U.S. lost $904 billion in the first quarter, surrendering most of the advancement made in 2019.
Hedge fund assets pull out of dive, rise on returns
June 17, 2020 11:47:28 AMHedge fund assets are down $204 billion in 2020 after record March losses.
Some ESG funds challenge broad universe peers on fees
June 16, 2020 02:31:20 PMSustainable funds are beginning to show they can compete with peers on fees.
Graphic: What a long, strange year it's been
June 15, 2020 12:00:00 AMAs the equity market recovers, the divide between the haves and have-nots has been very apparent during the rebound.
Corporate bond issuance nears $6.4 trillion, pandemic bonds hit $87 billion
June 12, 2020 02:02:37 PMGlobal corporate bond issuance is on pace to reach a historical high in 2020, as total capital raised nears $6.4 trillion.