Pandemic-induced economic instability and nationwide protests could spur investments in nearby businesses. Keeping politics out of the equation and ensuring proper diversification are musts.
A lot of assumed return rates are unrealistically high. But lowering them can turn a retirement program into a political buzzsaw. Some plans just say no to that idea.
Getting a board buy-in for rebalancing portfolios is tough for new investment chiefs. Veterans reveal tried-and-true practices that helped them gain some freedom.
The small pool of top job openings and the often lower pay than on Wall Street are challenges. Still, doing good and buoying an underfunded plan are strong appeals.
Infrastructure is a hot topic in the upcoming fourth coronavirus stimulus package, and the world’s wealthiest asset managers, bearing an appetite for portfolio resiliency and diversification, could be of great assistance.