The so-called ‘natural interest rate’ is on the rise and will keep the cost of money aloft into the 2030s, per Bloomberg Economics.
The Conservative Party government’s plans also include consolidating smaller pension funds and extending programs to spur investing in startups.
John Hughes bilked dozens of victims of nearly $300 million in a ‘brazen and sophisticated fraud’ and has already pleaded guilty to criminal charges.
Minority- and women-owned managers have beaten the city’s pension funds’ benchmarks in all asset classes since 2015.
The charge will only stick if the court agrees with the SEC that the tokens involved are, indeed, securities.