World’s Largest Pension Fund Loses $136 Billion

Things keep getting worse for pensions…

Q4 hedge fund letters, conference, scoops etc

If you’ve read Notes recently, you know the pension fund crisis is one of our major themes. Simply put, these giant pools of capital responsible for paying out retirement benefits to workers are BROKE.

According to the World Economic Forum, pension funds around the world are short around $70 TRILLION . . .

SORRY!

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