Pension funds

“We have to have a roadmap for how to deploy capital in this environment,” says the global head of alternatives for the firm’s asset management arm.

Managers of the funds became increasingly involved with private debt last year; boosting their median allocation to 2.9% from 2.1%, data show.

In two weeks since the Tiburon Conference, there have more than $2.7 billion withdrawals from Fisher Investments.

The asset managers and a U.S. family office collectively bought a 14.4% position in the company ahead of its IPO, a person familiar with the matter says.

Asset managers are increasingly seeking new sources of returns as more than a quarter of investment grade bonds experience negative yields.

If reached, the deal would precede a potential IPO of the $52 billion firm, which oversees asset allocations of domestic and offshore pension funds.

Unfortunately, physical and cognitive decline are among potential side-effects.

The appointment comes after an earlier announcement of broad leadership changes at the firm.

Here’s how to prepare your clients, and your own practice, if dark days come and stay.

Grave risks give advisors even more reasons to make retirement planning a priority.