Portfolio Diversification Myths: Why Pension Funds Need to Rethink Their Strategies
July 19, 2011 by goldguru · Leave a Comment
By Nick Barisheff, Bullion Management Group Pension funds across North America are facing record shortfalls. Research shows that 33% of Canadian pension funds are struggling to meet liabilities(Figure 1); the Ontario Teachers’ Pension Plan funding shortfall, for example, ballooned to $17.1 billion in 2009, despite strong investment returns. In the US, public pensions expect a shortfall [...]
Gold to Rise to $2,000 Amid ‘Massive’ Inflation, Superfund Says
October 29, 2009 by goldguru · Leave a Comment
By Kim Kyoungwha Oct. 28 (Bloomberg) — Gold may rise to a record $2,000 an ounce in the next three years as investors hedge against “massive” inflation sparked by governments printing money, according to Superfund Financial Singapore Pte’s Aaron Smith. “In the next few years, after the deflation cycle, we’ll see massive inflation,” Managing Director [...]
Gold’s New Ally
October 24, 2009 by goldguru · Leave a Comment
The Daily Reckoning If you’ve invested in gold, you’re about to gain a powerful ally: pension funds. “I think the largest institutions like our own are realizing that we barely own any [gold]” Shayne McGuire, head of the Teacher Retirement System of Texas said in an interview in Hong Kong very early this morning. “The [...]
Pension Funds Exit Stocks
September 23, 2009 by goldguru · Leave a Comment
Bullion Vault Pension plans are selling stocks. Headline or footnote…? US PENSION COMPANIES have begun selling stocks, writes Eric Fry in the Rude Awakening.Recent history suggests this little news item should be a headline. Because pension plans – like the fabled supertanker, but unlike politicians – take a lot of time to reverse direction. But once [...]
