The uncertainty about the direction interest rates will move in 2023 means defined benefit pension plan sponsors should be reconsidering their asset allocation strategies, says Ben Ukonga, principal at Mercer. “I don’t think anybody knows when, or if, interest rates will come down. If [inflation] comes down, the Bank of Canada’s likely to stop increasing […]
Since real estate and commodities can help deal with inflation risk, the paper makes some worthwhile points for plan sponsors.
Is the U.S. dollar worth it?
Passive investing, in the form of investable indexes, is gaining more and more converts. Last month, it was reported that Norway’s Government Pension Fund was taken to task by the country’s finance ministry because its active managers underperformed their benchmarks. But are those benchmarks rational? A new paper from Russell Investments suggests what many active […]