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Categories: People & Stories
OECD warns pension funds over ‘excessive search for yield’
“Is it not more sensible for pension funds to develop a mix of investment strategies, given the choice of new asset classes that are now available ... according to the National Association of State Retirement Administrators. Keith Brainard, director ...
Analysis: Strong dollar knocks off $1 trillion from U.S. pension assets
One of our funds could have used a currency hedging program because it couldn't afford the strong move in the dollar," said David Peden, chief investment officer at Kentucky Retirement Systems, with about $16 billion in assets. It has about 24 percent of ...
U.S. Retirement Savings Continue To Climb
Retirement assets held by Americans continued to grow in the first quarter of the year to a total of $24.9 trillion, up 1.3 percent from $24.6 trillion at the end of last year, according to the Investment Company Institute, a nonprofit organization ...