Private Equity Team at $76 Billion Pension Hit by Wave of Exits
One of the biggest US public pensions lost most of its private equity team after the fund made changes.
Recent
November’s Stock Rally Embarrassed Strategists But Vindicated Analysts
November’s near-record equity rally left top strategists facing a wildly off-the-mark year, analyst colleagues most-accurate in more than a decade.
JPMorgan Says Stocks Are Imperiled as a Slowdown Is Set to Hit Earnings
Many analysts are convinced it’s time to pile into stocks on hopes the US economy will buck a hard landing in 2024.
Margin Calls From Clearinghouses Seen Stoking Future Crises
Central clearinghouses that hold $1T in liquid assets may exacerbate periods of financial stress creating “margin spirals” that can push down prices.
Examining CEO Jane Fraser's Strategic Vision for Citigroup
Fraser, despite her relatively recent appointment, has been a keen listener and resilient leader amidst intense scrutiny.
Biggest Blowout in Bonds Since the 1980s Sparks Everything Rally
In a year in which little has gone right in the US bond market, November turned out to be a month for the record books.
Short Sellers Found Themselves On the Losing End
Hedge funds have experienced a significant setback, incurring losses of approximately $43 billion due to their short positions.
