Larry Rothman Data Editor [email protected] See All Staff Page Recent Stories SIFMA survey, Federal Reserve expect sluggish GDP growth A SIFMA survey showed median gross domestic product growth estimated at 0.2%, while the Federal Reserve projected 0.4% growth. Most of largest S&P 500 companies outperform this year Eight out of the 10 currently largest weighted stocks have outperformed the overall S&P 500 index this year. Pension funds and endowments make up nearly 50% of private credit fund investors Pension funds and endowments account for nearly half of private credit fund investors, according to the International Monetary Fund. Convertible arbitrage strategies produce higher risk-adjusted returns Convertible arbitrage hedge funds generated a 5% annualized return with 4.4% volatility over the past decade. Sponsors' DEI interest varies by asset size While 57% of plan sponsors stated they were very or somewhat interested in expanding DEI efforts, that varied by their asset size. By the Numbers for March 2023 Graphic: For endowments and foundations, equities bring benefit, risk Large private foundations and endowments outside of higher education vary in how concentrated their investment portfolios are. CMBS sees lower delinquency rate The delinquency rate for commercial mortgage-backed securities fell 3 basis points to in March, but the office market's rate continued to increase. Equity volatility falls after spike in March The Cboe Volatility index closed at 19.08 on April 5, down from March 13's 26.52. Venture capital fund returns exceed public equity Venture capital funds' -8.5% return for the year ended Sept. 30 handily topped those generated by public equity indexes. Graphic: VC environment tilts toward investors SVB's roadblocks include higher interest rates, weaker public equity markets and valuations under pressure. Bright spots among tax-exempt institutional equity portfolios Certain active and ESG institutional tax-exempt equity portfolios saw inflows last year despite the challenging market conditions. Institutional money market funds see bump in flows Institutional money market fund assets under management have grown by 6.6% to $3.27 trillion over a two-week period. Outflows from emerging markets hedge funds continue Emerging markets hedge funds have had five straight quarters of outflows, including $1 billion in the fourth quarter. S&P 500 repurchases and dividends hit record S&P 500 companies returned record amounts of cash to shareholders last year. Load More
