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op_meng1_Patrick Pleulpicture alliance via Getty Images_pension Patrick Pleul/picture alliance via Getty Images

Saving America’s Public Pensions

Ben Meng

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.
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The Year Ahead 2021

In 2020, the COVID-19 pandemic accelerated a process of deglobalization that was already underway, exposed deep disparities in the quality of governance around the world, and cast a shadow of anxiety across all societies. Even more ominously, recovering from the crisis will require a political stability, policy coherence, and international cooperation on a scale not witnessed in years.

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