Some of the world’s greatest funds are exchanging toward emerging-market equities in a bet their central banks have less need to raise interest costs subsequent to fixing before their developed-nation peers a year ago.
Leaders of Pennsylvania’s beleaguered teachers’ pension fund are requesting that board members sign oaths of secrecy before receiving a critical update on the botched investment calculation scandal that has led to multiple federal investigations.
Defined benefit (DB) pension scheme sponsors should work with trustees to review and set long-term pension funding and investment strategies in an effort to ensure that the pensions journey is aligned with wider business needs, LCP has said.
Communication about a firm’s investment process and performance metrics is part of how clients can develop more confidence and understanding when it comes to the investments that make the entire wealth management plan work.