More public pension plans than ever are using leverage, investing borrowed money in an effort to earn higher returns and close big funding gaps. “They’re treading on very risky footing.”
Bridgewater Associates, the world’s biggest hedge fund, has almost doubled its short bets against European stocks in the past week, according to a report by Bloomberg.
Inflationary pressure has been driven by different factors relative to previous iterations of rate hikes, Edwin Conway, global head of BlackRock Alternative Investors tells PEI.