The high-end art market is thinning out according to UBS.
The firm says it will monitor the market for further opportunities.
GPIF posted the huge loss due to decline for domestic bonds.
The firm is trying to curb costs as it continues to integrate TD Ameritrade.
Some officials have said the recent surge in long-term Treasury yields may reduce the need for further rate increases.
US stock futures down ahead of FOMC announcement Wednesday.
Companies that do not make progress in net zero transition set to suffer.
Macro trades are proving successful for fund managers.
Swiss currency to outperform peers, says JPMorgan FX chief.
It's the longest run of selling since China's Covid lockdowns last year.