Asset Allocation
Corporate Pension Funds Are in Good Shape, So What’s the Worry?
Goldman’s Michael Moran warns against complacency and issues some warnings.
Goldman’s Michael Moran warns against complacency and issues some warnings.
After a punishing 2022 ended on a slight upswing, allocators posted a 4.1% increase in this year’s first period, per a Northern Trust study.
Economist and Wharton School professor Jeremy Siegel likes stocks as the safest investment this year.
Cyclical stock sectors re-take the lead, but with deliberation, as earnings weaken.
Maintaining a position just short of a recession is almost impossible to do, the research shop says.
The de-risking trend has seen equities cut in half since 2008, to around 30% of assets, and Milliman thinks that’s where it will stay.