For much of the past few decades, the retirement debate has been framed as a choice between two broad models: Defined benefit (DB) funds offered members greater certainty and pooled many retirement risks but placed considerable financial risk on the...
For many South Africans, a pension fund is understood in simple terms: contributions are paid, assets are invested, and one day those savings or promises provide an income in retirement. At one level, that remains true. But beneath that familiar picture, the...
Pressure is mounting on investors to find smarter ways to grow capital without exposing their clients to unnecessary risk. While asset managers and pension funds are well versed in traditional approaches to portfolio management, many still overlook the...