Pension Funds Plunge Into Riskier Bets—Just as Markets Are Struggling

U.S. public pension funds don’t have nearly enough money to pay for all their obligations to future retirees. A growing number are adopting a risky solution: investing borrowed money.

As both stock and bond markets struggle, it’s a precarious gamble.



Source link

Add a Comment

Your email address will not be published. Required fields are marked *