Public Pension Plans Looking To Alts To Meet Goals

2014-03-31T20:40:59-07:00March 31st, 2014|Categories: Defined Benefit Plans|Tags: , , , |

A full 71% of public pension plans are looking to alternative assets to meet their goals in a rising interest rate environment, according to new study sponsored by Prudential. The survey on de-risking defined benefit pension plans found a significant shift in asset allocation, particularly among plans that are underfunded. “While we’ve seen a closed plan switch to fixed income, open plans are very much looking to alternatives as results for this survey clearly indicate,” said Dan Tremblay, director [...]