Inflationary pressure has been driven by different factors relative to previous iterations of rate hikes, Edwin Conway, global head of BlackRock Alternative Investors tells PEI.
According to the report, contributing faculty “sought to develop metrics, standards and algorithms such that they could be updated in future years and potentially translated to other industry segments.”
State Treasurer Young Boozer, who serves on the board of the employee retirement system, said the global problems are substantial but expressed confidence in the health of the state’s pension funds.
More than two fifths (43%) of pension funds and other institutional investors expect fixed income performance to deteriorate further over the next 12 months, with 13% expecting a significant decline, according to Aeon Investments.