Analysts say EPS should be 8.3% in the red, although that may be too sanguine.
The shift to next year is due to the disruption from the coronavirus, the retirement system says.
Absolute return is chief goal of CIOs who farm out running their money to third parties.
Surging discount rate offsets asset loss of $85 billion.
Fixed income unexpectedly takes brunt of record monthly outflow of UK mutual funds.
The once-popular repurchases look wasteful today, but once the economy improves, their appeal may well spring back.