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U.S. Pensions Stick With America Even as Global Peers Turn to China

“For all the airs the institutional market puts on, they are still momentum investors at heart.”

James Comtois

Investor Advocates Ask FASB to Reconsider Guidance on Secondaries

Secondary funds’ returns are “artificially inflated” by the practice, say critics.

China Is Back in Portfolios — But Only for Investors Who Can Live With the Risk

U.S. money is returning to Chinese tech stocks as valuations tempt and politics loom, forcing asset managers and advisers to balance profit against volatility.
Jonathan Kandell March 23, 2026