Flagship Bridgewater Fund Reportedly Tumbles 20% From Coronavirus
Founder Ray Dalio has admitted being taken by surprise by the economic impact.
The funded ratio of the 100 largest US plans fell to its lowest level in over three years.
The city employees’ retirement system joins others around the world who’ve promised to do the same.
Association of British Insurers says future retirees risk running out of money.
Undeterred by the wild stock market, he is venturing into the battered energy sector.
Even senior management at Temasek may find their bonuses trimmed as much as 15%, as investors contend with the disease’s impact.
Electrical Workers Pension Fund claims investments in Six Flags and HP tumbled 44% and 30%, respectively.