Public retirement systems across the country are suffering from a “slate of problems” that the bull market has failed to repair. This according to an article in The Wall Street…
Tag: Pensions
The $358 Billion Public Pension Giant and its Investing Dilemma
In March, the board of California Public Employees’ Retirement System (Calpers) approved a plan that could channel up to $20 billion into private equity startups and corporate buyouts over the…
Contrary to Pew Findings, Pension Funds Should Have Alternative Investments
An article in Bloomberg refutes the claims by a Pew Charitable Trust report that was subtitled, “Substantial investments in complex and risky assets exposes fund to market volatility and high…
Pension Fund Promises Don't Reflect Reality
“The value of investments by public pension funds declined last quarter, widening the gap between what these funds say they will earn and what they actually make,” according to a…
Jack Bogle Sees Rough Road for U.S. Pensions
In a Bloomberg Radio interview earlier this month, Vanguard Group founder Jack Bogle shared a pessimistic view on the future of U.S. pension funds. According to the Bloomberg account of…
To Bolster Returns Large Investors Will Have to Come Up the Risk Curve
Gone are the days when a conservative bond portfolio will provide a decent return. Low interest rates and a sluggish economy are forcing investors to accept higher risk to get…