The CEO and chairman of China Investment Corporation has said that risks of a Eurozone break-up are so acute that the giant sovereign wealth fund has begun unwinding its holdings of European fixed income and equity.
How should investors position their portfolios for turbulent times? Brian Singer, head of dynamic allocation strategies at Chicago-based William Blair & Company, aims to answer that question.
Buffeted by lower interest rates and a volatile stock market, a report released by BNY Mellon has found that the funded status of US corporate pension plans is at its lowest level since 2007.