US - The investment committee of the California Public Employees' Retirement System will discuss the merits of using a leveraged allocation to fixed income as part of its portfolio strategy.
At a February 16 meeting, the board will review how leveraged bonds could improve the scheme's risk/return profile. In a memo to the board, staff said equity allocations typically introduce more...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
