Beijing’s hard-line policies and investing hurdles complicate the decision.
Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.
Asset-backed securities, the runt of fixed income, boast sturdy cash flows, among other worthy attributes.
These vital physical assets are a steady-returning opportunity that American pension programs under-utilize, fans say.
Retirement funds and other institutions are gradually warming to cryptocurrencies.