There are only two asset classes really worth investing in for the “seven lean years” ahead, according to Jeremy Grantham (pictured), co-founder and strategist at famously bearish funds manager GMO.
Mercer has carved out the alternatives research for its multi-manager funds management products under a new head, Bill Muysken, who returned to the firm in London last month. Greg Bright reports.
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The board of the Alaska Permanent Fund’s management company has called a special meeting for next Monday, and invited public participation, to discuss the management’s salary structure.
South Korea’s fledgling corporate pension fund market, which totals only about KRW 14 trillion ($11.31 billion), will more than double by the end of this year but remains massively dominated by a few institutions.
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