Tag Archives: Pension

Bitcoin ETFs poised for inflows from US pension plans, Standard Chartered analyst says

Bitcoin ETFs poised for inflows from US pension plans, Standard Chartered analyst says

On this week’s episode of Yahoo Finance Future Focus, our host Brian McGleenon spoke to Standard Chartered Head of Crypto Research Geoff Kendrick, who shared his insights into the evolving landscape where traditional finance incumbents, such BlackRock and Franklin Templeton, are involving themselves in the cryptocurrency sphere via the recently launched spot bitcoin exchange traded funds (ETFs). A spot bitcoin ETF is a financial product that investors hope will pave the way for mainstream… Source link

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Biden unveils $36B for one of America’s largest and most troubled pension funds

Biden unveils $36B for one of America’s largest and most troubled pension funds

The White House is sending $36 billion to buttress the Central States Pension Fund, one of the biggest and most troubled funds that manages the pensions of over 350,000 union workers and retirees. The pending announcement on Tuesday comes about 21 months after President Biden promised $86 billion to troubled multi-employer pension funds via a controversial provision tucked inside the American Rescue Plan. The check from Washington is a note of finality in the decades-long push to shore up… Source link

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State of New Jersey Common Pension Fund D Sells 15,577 Shares of Yandex (NASDAQ:YNDX)

State of New Jersey Common Pension Fund D Sells 15,577 Shares of Yandex (NASDAQ:YNDX)

State of New Jersey Common Pension Fund D lowered its stake in shares of Yandex (NASDAQ:YNDX – Get Rating) by 20.3% during the first quarter, Holdings Channel.com reports. The firm owned 61,292 shares of the information services provider’s stock after selling 15,577 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Yandex were worth $1,161,000 as of its most recent SEC filing. A number of other institutional investors also… Source link

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Ohio Teachers Pension Fund Bought GM, Alibaba And Sold Tesla, Apple in Q3

Benzinga Benzinga’s Bulls And Bears Of Christmas Week: Airbnb, Apple, Netflix, Nike, Tesla And More * Benzinga has examined the prospects for many investor favorite stocks over the past week. * The week’s bullish calls included big tech stocks and a telecom giant. * A top electric vehicle maker and recent hot IPOs were among the bearish calls.The big U.S. indexes ended the shortened trading week leading up to Christmas with marginal gains, despite word of a new strain of COVID-19 and the… Source link

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