This message was sent to ##Email##
|
|
|
|
|
| |
Forbes
Retirement is in peril for most working-class Americans cautions a new report by the National Institute on Retirement Security, a Washington think tank.
“The American dream of a modest retirement after a lifetime of work now is a middle-class nightmare,” warns the study’s author, NIRS Executive Director Diane Oakley.
The report contends nearly 4 out of 5 working Americans are falling short of conservative retirement savings targets.
READ MORE
CFA Society Chicago
The 32nd Annual Dinner will be held on October 25th and is our premier networking event of the year. This year CFA Society Chicago welcomes Richard H. Thaler, the 2017 recipient of the Nobel Memorial Prize in Economic Sciences, as the keynote speaker. Limited sponsorship opportunities are still available. Please view the 32nd Annual Dinner sponsorship brochure for more information.
READ MORE
Bloomberg via Crain's Chicago Business
The Federal Reserve Bank of San Francisco last week picked long-time insider Mary Daly to be its next president, potentially bolstering the central bank’s dovish wing while diversifying the institution’s top ranks.
Daly, 55, is a career Fed employee who has worked at the San Francisco bank since 1996 and is currently its research director, a common stepping-stone to policy-making roles.
READ MORE
CFA Society Chicago
Thursday, October 04, 2018
5:00 pm - 7:00 pm
Tortoise Supper Club, 350 N State Street, Chicago, IL 60654
Program Description:
Gain important contacts, build relationships and interact with fellow members at this networking reception. This is your opportunity to meet and network with both new and returning CFA Society Chicago board members!
READ MORE
CFA Society Chicago
Wednesday, October 10, 2018
11:30 am - 1:00 pm
The Chicago Club, 81 E. Van Buren Street, Chicago, IL 60605
Program Description:
Frederick H. Waddell is chairman of the Board of Northern Trust, one of the world's leading asset management, asset servicing, fund administration, fiduciary and banking services firms. Since joining Northern Trust in 1975, Waddell has held leadership positions in commercial banking, strategic planning and Wealth Management.
READ MORE
TIME
For the past decade the stock market has gone nowhere but up. The problem is, many investors don’t seem to know it. And they could pay the price at retirement time.
It’s been 10 years since the U.S. economy teetered on the brink of disaster — investment bank Lehman Brothers collapsed on Sept. 15, 2008 — setting off a global panic.
READ MORE
Bloomberg
The average Wall Street salary rose 13 percent last year to its highest level since 2008, when Lehman Brothers Holdings Inc. collapsed.
Annual pay, including bonuses, in New York City’s securities industry rose to $422,500 on average in 2017, New York State Comptroller Thomas P. DiNapoli said in a report Monday. Salaries gained as pretax profits rose 42 percent to $24.5 billion last year.
READ MORE
CFA Institute Enterprising Investor
The late UN secretary general Kofi Annan helped push environmental, social, and governance (ESG) issues to the forefront of the investment industry with the publication of the UN study “Who Cares Wins” back in 2004 and, soon after, the launch of the UN Principles for Responsible Investment (PRI).
READ MORE
Reuters
U.S. stocks fell on Monday led by declines in Apple and Amazon as investors took profits ahead of President Donald Trump’s expected announcement of new tariffs on $200 billion of Chinese imports. All three major U.S. indexes were lower, with the tech-heavy Nasdaq down the most.
China has vowed that it will not play defense in the escalating trade war, ratcheting up tensions as a new list of items subject to tariffs, including technology and consumer goods was anticipated from Washington.
READ MORE
Pensions & Investments
The gap between well-funded and struggling public pension plans grew wider in fiscal 2017, despite higher investment returns and more contributions.
The average funding ratio of the 100 largest U.S. public pension systems slipped to 71.9 percent in fiscal year 2017, the lowest since 2005, the first year Pensions & Investments tracked such data.
READ MORE
|
Missed last week's issue? See which articles your colleagues read most.
|
|
Don't be left behind. Click here to see what else you missed.
|
|
|
|
|
7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063
|
