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Fiduciary Focus |
Is 401(k) loan risk on your radar?Read more > |
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Market Mirror |
Yesterday, the Dow was down 66.47 points (0.25%) at 26,438.48, the NASDAQ lost 40.71 points (0.50%) to finish at 8,123.29, and the S&P 500 closed 13.17 points (0.45%) lower at 2,932.47. The Russell 2000 was virtually unchanged at 1,614.98, and the Wilshire 5000 decreased 116.77 points (0.38%) to 30,343.82. The price of the 10-year Treasury note was up 7/32, decreasing its yield to 2.497%. The price of the 30-year Treasury bond increased 9/32, bringing its yield down to 2.907%. |
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Benefits & Administration |
Q4 2018 Volatility Leads DB Sponsors to Focus More on Risk |
Asked what they plan to look for in asset management searches in the next 12 months, the majority of mid-sized defined benefit (DB) plan CIOs said better risk-adjusted returns, and they plan to turn to private equity, real estate and hedge funds.Read more > |
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Products, Deals and People |
Senate Confirms Gordon Hartogensis as Director of PBGC |
Family trust trustee with Senate connections named 16th director of pensions lifeboat.Read more > |
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Small Talk |
ON THIS DATE: In 1789, the first U.S. Presidential Inaugural Ball was held in New York City. In 1800, Congress divided the Northwest Territory into two parts. The western part became the Indiana Territory and the eastern section remained the Northwest Territory. In 1942, in the Battle of the Coral Sea, Japanese and American navies attacked each other with carrier planes. It was the first time in the history of naval warfare where two enemy fleets fought without seeing each other. In 1945, Germany signed unconditional surrender ending World War II. It would take effect the next day. In 1946, Tokyo Telecommunications Engineering Corp. was founded. The company was later renamed Sony. In 1975, President Gerald Ford declared an end to the Vietnam War. In 1992, a 203-year-old proposed constitutional amendment barring Congress from giving itself a midterm pay raise was ratified as the 27th Amendment. |
TRIVIAL PURSUITS: Who made the first license plates?Read more > |
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