Prop Zero
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Should Pension Funds Drop Stocks for Bonds?

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    NEWSLETTERS

    The journalist Ed Mendel, a pension expert, has a long but important look at the question of how public pension funds like CalPERS should invest.

    He focuses on a back-to-the future strategy: returning pension funds, which now are invested heavily in stocks, to a focus on safe, conservative bonds with predictable returns.

    The full piece is here.