Friday, October 4, 2013

Pension Funds Double Down, Chase High Returns

Pension Funds Keep Chasing High Returns | Via Meadia: "...The unfortunate truth is that, at the present moment, high-risk investments are the only hope for pension funds to meet their promises. The longstanding combination of overly expensive retirement plans and Panglossian projections of asset performance has pension funds backed into a corner. But the potentially high gains that can be made in more risky asset classes come at a high premium to pension funds in the form of management fees. So far, the only clear-cut winner is Wall Street....

Pigs get fat, Hogs get slaughtered


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