Jones beat former board member J.J. Jelincic in a heated race that dealt with CalPERS investment policy and past sexual harassment charges 

Now 1.51%, the research unit says it could slide to between 0.5% and 1% in a recession.

Defensive strategies have generally performed well in down equity markets.
Combining them in a portfolio may potentially provide the optimal defense.

Aon says the window for de-risking opportunities ‘seems to be closing.’

With no natural liability-hedging asset, cash-balance plans require a unique investment lens 

On the low return environment.