Tag: investment portfolios
An early look suggest that these investments have neither increased returns nor reduced volatility. My colleagues – JP Aubry and Anqi Chen – and I are just completing a study on the impact of changes in the investment portfolios of state and local pension plans. Since the financial crisis, public pension plans – like other…
Introduction The S&P 500 Index dropped more than 40 percent between March 2000 and March 2003, and almost anyone who entrusted their retirement savings to the bull market of the late 1990s saw their portfolio shrink, often in dramatic fashion. Now that the stock market is regaining some of its lost value, should people return…
