Defined benefit plans question downside managers’ value
By: Rheaa Roa, Money Management Report
September 8, 2017
NEPC's Chris Levell, ASA, CFA, CAIA, Partner, was recently featured in this article.
A stock market rally isn’t always good news for an investment team. Pension funds have long sought downside protection to shield themselves from a volatile market, even though that usually comes with the sacrifice of some upside capture during bull periods. But as the domestic equities rally continues, retirement systems... Read the full article on Money Management Report's website here.