Hints and tips:
...Saleh al-Ateeqi’s departure follows a period of turbulence at one of the world’s largest sovereign wealth funds that has been characterised by high staff turnover and legal battles with former employees....
...Prosecute fraud, maybe regulate crypto exchanges like casinos, and keep the SEC et al out of it. This is a disagreement about how to cordon off crypto so that when crypto burns, it is controlled....
...Meanwhile, Dutch pension giant ABP said it would dump €15bn in fossil fuel holdings....
...Longtime green investors, such as Gore or the hedge fund manager Chris Hohn, sniped and Japan’s Government Pension Investment Fund pulled a mandate, seemingly after it decided that BlackRock’s sustainability...
...to central bank reserves, by most dealer banks except one — JPMorgan (also see, Ihrig et, al, 2018)....
...If Americans wanted to shift between funds or countries, new online “fund supermarkets” sprung up to let them move their pension fund money as much as they liked....
...Del Negro et al tracked changes in the term premium over time, and decomposed that premium into a “safety” premium and a “liquidity” premium....
...I guess it will need an increased ESG focus on Russia and sanctions, or a more active move by the US Treasury et al to question Russian index inclusion and bring a more fundamental re-assessment of Russian...
...Funds may have sold out of Valeant, Apple et al before the rot set in....
...suspicion of big overseas funds....
...What is surprising is the failure of NYC pension fund trustees, the comptrollers office, consultants, auditors, pensioners et al to notice. Until now, Mr....
...The conclusion, in short, is that while traditional institutional investors — insurers and pension funds — reduced their holdings of gilts and loaded up with corporate bonds instead, on balance they haven...
...Fed’s own holdings of Treasury bonds and bills, you find that the net supply of debt exploded even as real yields plunged: A naive interpretation of the Summers et al thesis is that monetary policy would...
...This is primarily due to nonbank deposits with banks, since most of QE was between Fed and nonbanks (re: Carpenter et al, 2013)....
...Nomura’s Nordvig et al had a crack at summarising the multiple channels that have to be understood here — balance sheet expansion and its effects are not linear or easily predictable, see Switzerland for...
...Canadian pension fund CPPIB committed C$1bn, while the Kuwait Investment Authority, Singapore’s GIC and the Hong Kong Monetary Authority – the three sovereign wealth funds that bought 10 per cent of the...
...- Why the Acme Brick Company et al are Berkshire’s secret weapons....
...Outside the EU, Russia, Turkey et al. are also vulnerable to “optimisation of risk-weighted assets,” to use the euphemism plastered all over eurozone banks’ Q3 results presentations....
...Spooked by US political wrangling, major investors including the National Pension Service of Korea and the Kuwait Investment Authority have sold out of their holdings of the debt of the US Treasury-backed...
...According to Cassola et al. (2009), banks submitted more aggressive bids in order to make sure that they receive at least a minimum level of liquidity....
...Of the Greek residents, EUR44bn are with Greek banks, and the rest is held by insurance, mutual funds, pension funds, the Central Bank, and other private investors....
...et al. (2009))....
...al at a national level....
...That’s more dilution discounts in shares for the hard-pressed taxpayers who saved RBS et al. The markets must be utterly bemused quaking in their boots at being opened up....
...Asking Hank Paulson, Timothy Geithner et al, who have the ear of the bankers, to oversee them, is akin to asking the fox to guard the chicken coop....
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