What macroeconomic trends mean for pension plan managers
In the early 2000s, the world seemed to be behaving pretty much as it should, or at least the way many institutional investors wanted it to. The risk-reward mantra worked well, in that risk (at least occasionally) was rewarded. Investors could see (and bet on) big trends continuing, such as the bull market in bonds, which was in full swing and building a momentum that would carry it into this decade. Diversification worked, too—different asset classes behaved, well, differently, which let investors take on risk in certain places while hedging their bets elsewhere.
- May 15, 2013 September 13, 2019
- 10:18