Although the plight of major US public pension funds is nothing new, the gap between actual and assumed returns is widening faster than ever, owing to today's ultra-low interest rates. But these funds also have inherent advantages that, if used wisely, can place them on a much sounder financial footing.
explains how struggling institutional investors can meet their goals in today's financial environment.
During the pandemic, the UK has led the way in studying pharmaceutical interventions, with well-designed randomized controlled studies enabling vast improvements in patient care globally. Yet, by deciding to increase the gap between vaccine doses, the country's government has effectively abandoned this evidence-based approach.
consider the risks of delaying the second dose of the COVID-19 inoculation.
US President-elect Joe Biden’s incoming administration may initially be too preoccupied with trying to calm America’s domestic turmoil to unite the world’s democracies in standing up to China. But, given European and Asian countries’ eagerness to strengthen their trade and investment ties with China, adhering to the Trump administration’s confrontational approach may be the right strategy.
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