Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.
A more united EU, an end to too-expensive FAANG expansion, and lower prices should boost the continent’s returns.
Investors’ plan allocations to US equities averages 47.3%, the highest level since 2007, says Wilshire.
AUM for world’s largest pensions rise more than 15% in 2017.
Says US fiscal policy will be less expansionary than previously assumed.