This indicator has presaged two previous peaks, although its long-term record as a predicter is mixed.
Pension Rights Center says the policy contradicts recent Supreme Court ruling and DOL guidance.
Meet the 25 rising stars driving innovation in institutional asset allocations
Lawyer and diplomat Marc-André Blanchard will oversee the fund’s international efforts in the United States, Europe, and Asia.
The pension plan, which closed its books in March, had incrementally dialed up an allocation to conservative assets.
The managing director of investments at Carnegie Corporation of New York is responsible for several different asset classes, including fixed income, absolute return, and long-only strategies. She also oversees the fund’s emerging markets efforts.
Renewable sources like wind and solar may not be enough. Pension plan investors weigh the odds.