Despite higher contributions, locally-run pension plans are slightly less funded than their state-run peers, according to research from Boston College.
The hands-off regulatory approach of endowment management has generally been a win for the industry, but additional scrutiny might be in its best interest, a research paper claims.
Hedge fund strategies sorted by performance—from 2000’s blockbuster Convertible Arbitrage to 2012’s top performer, Distressed Securities—courtesy of Boomerang Capital.
Actuaries charged with risk management in the financial sector have ignored the biggest risks facing defined benefit pensions, and it could be too late, one report asserts.