> A trader who doesn't seek higher gains is a shark that stops swimming and dies. There's no need to blame interest rates for this. Pension plans (including th

> A trader who doesn't seek higher gains is a shark that stops swimming and dies. There's no need to blame interest rates for this. Pension plans (including the Japanese one mentioned) have return targets that need to be met in order to make sustainable payments. Their targets remain the same regardless of where rates are but are much harder to hit when rates are low and encourages managers to invest in riskier investments.