Invest with caution, beware Obama’s ‘Rubinesque’ finance team

Institutional investors should ‘slowly and carefully’ invest cash reserves in emerging market and high-quality US blue chip equities, says Jeremy Grantham co-founder of GMO, who expects imputed 7-year returns for the sectors to moderately outperform and be substantially better than their averages in the last 15 years. However, declines to new equity market lows should

Pension Markets in Focus

The ongoing financial crisis has dealt a heavy blow to private pension systems. Between January and October this year, private pensions in the OECD area have registered losses of nearly 20% of their assets (equivalent to USD 5 trillion).