Where Do Pension Funds Go With $12 Trillion In NIRP?!
July 29, 2016
By Steve Blumenthal
“Last week, market conditions joined the same tiny handful of extremes that defined the 1929, 1972, 1987, 2000 and 2007 market peaks.”
– John P. Hussman, Ph.D. (Source)
At a recent investment conference, one of the panelists was an investment officer for the China Investment Corporation (CIC) – the Chinese sovereign wealth fund. She was particularly critical of the performance of their hedge fund managers. The CIC and others have been exiting their hedge fund investments. A common theme of late.
“The secret to my . . .
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