The fund outperforms benchmark for first double-digit returns in three years.
New timetable sees pension age rise to 68 by 2037 at the earliest, seven years earlier than current legislation.
EMs currently account for more than half of the world’s GDP and around two-thirds of GDP growth—that economic share is only expected to rise as EMs are projected to grow faster than developed markets (DMs) in upcoming years.
State Street’s Lori Heinel talks with CIO about a tempered global market outlook while health care debate stalls progress on tax code overhaul.
Report cites empty promises from Social Security, DB programs as the cause.
Good corporate human capital management practices are associated with better financial performance.