The derivatives-based investment strategy that tipped the U.K.’s pension sector into crisis started with good intentions: Help companies fulfill promises they made to employees to pay a steady income through Read more
Tag: Private Pension Funds
Calpers highlights ‘lost decade’ for private equity after missing out on $11 billion in gains
The nation’s largest pension fund got a scathing performance review Monday when its new investment chief highlighted the retirement system’s underperforming returns and estimated it missed out on $11 billion Read more