As more and more investment consultants crowd into the discretionary consulting space, perhaps spurred by a fear of missing out (FOMO) mentality, some within the industry say the potential cost of not following the herd could be a problem.
The Baltimore Fire and Police Retirement System may be once again on the hook for tens of millions in annual payouts that had been cut in a 2010 reform package.
The sustainable investing debate has started to be heard more loudly over the last year, Towers Watson explains in a report, adding more fuel to the tension.