Distressed Kentucky fund regroups
A struggling pension fund for Kentucky employees has cut back on hedge funds while remaining averse to long-term risk and hopeful of a better climate for US equities to help it recover.
Sort content by
What, really, are your pension liabilities?
Liabilities in UK pension schemes are grossly under-estimated with the current valuation system not recognising the perilous funding position in both corporate and public systems. The implications for not addressing this include huge financial costs borne unfairly by younger members of the schemes. Stefan Lundbergh, head of innovation, and Andrew Stewart, client manager at Cardano,
Asset Classes