CalPERS has never invested in direct lending, but CIO Ben Meng sees the strategy as a way to diversity the portfolio away from reliance on equities.
Stocks haven’t suffered much or taken long to recover in past conflicts.
How should investors consider positioning their portfolios?
Moves to counter low yields can expose plans to greater losses, less stability.
An actuarial valuation report cites the plan’s risk of going insolvent by 2075.
CIO’s Innovation Award Winner for Healthcare from Advocate Aurora Health speaks on navigating the new normal.