81. Although its performance paled beside the stock averages, Calpers said it probably outperformed most other pension funds. 82. Already, Alliance has noticed pension funds and state funds buying more emerging market debt. 83. Also, Kaiser has been hit with investment losses in its pension fund and has an obligation to put up more funds. 84. Also, social security reform could spur creation and growth of more investment capital in the form of non-state pension funds. 85. Amazingly enough, pension funds, endowments, foundations, and other big institutions keep signing up for private equity funds. 86. AMR soon figured that it could make money by attracting investments, largely from passengers, and then turning over the capital to money managers handling its pension fund. 87. Americans always had a bigger stake in the stock market than they knew, because pension funds owned stocks as well as bonds. 88. Among the creditors suing Symington is Bank of America, custodian of a group of union pension funds. 89. Americans of average means are routinely involved in mutual funds, individual retirement accounts, annuities, pension funds and employer-sponsored investment programs offering tax advantages. 90. Among these was the fraud case against the sons of media baron Robert Maxwell for misusing pension funds. |
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