The World Bank has successfully promoted its ‘Maximizing Finance for Development’ (MFD) strategy by embracing the United Nations’ Sustainable Development Goals, internationally endorsed in September 2015.
McKinsey would have you believe it is covering itself in glory in Puerto Rico. A New York Magazine story suggests otherwise.
The Los Angeles Times tells the story of a CalPERS investment misfire to maximize the outrage factor, and does taxpayers a huge disservice by missing who the real perps were (mind you, not to say that CalPERS isn't too easy a mark....)
Even endowments, the supposed best of best among diversified investors, are finding that their old alternative investment mojo isn't working these days.
“The corporate bond market has all kinds of problems. I think investors should use the strength of junk bonds that’s happened as a gift and get out of them. Corporate credit, as a percentage of GDP, has never been higher. The leverage in the corporate economy is very...
Putting CalPERS under the hot lights for its questionable private equity plans.