We ask Anton Pil, global head of alternatives for JPMorgan Chase & Co.
The move is indicative of increasing risk-taking among pension funds across the country.
With the market at a record, thoughts of the abyss are rife. Richard Bernstein lays out this dreary view.
Designed to fly high during slumps, a bunch of them have disappointed, big time.
Record leverage, at 46.6% of GDP, leaves companies vulnerable, says economist Lonski.
PitchBook: Lower corporate tax rates and immediate write-offs will juice profits.
When it comes to the leveraged, long-dated credit risk of liability driven investment (LDI) funds, banks will battle for their balance sheet.