Despite dismal rates, DB plans still choose to de-risk with bonds.
Some asset classes stand to do very well, the bank finds, with no end in sight to the buck’s free-fall.
As corporate DB plans gradually de-risk, it may be critical to consider opportunities to diversify their liability-hedging allocations beyond long corporate exposure.
The settlement is intended to help protect 50,000 Giant, Safeway employees and retirees in the Washington, D.C., area.
The firm, whose current investors include LACERA and the Rhode Island pension plan, believes the economically stricken South American nation is prepared for a turnaround.
Finding value and managing risk in emerging markets debt often means seeking opportunities beyond the constraints of a broad market benchmark.
Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.