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They're highly invested in literally everything. Again they own the shares in the companies that own other assets. They do buy government bonds as an asset clas
by tezza 11y ago
They're highly invested in literally everything. Again they own the shares in the companies that own other assets. They do buy government bonds as an asset class but have a diversified approach where they own FX, property etc.
The only non pension funds who own anything substantial are governments. Private holdings are vanishingly small.
Who do you think owned the shares in the banks that took all the risks? 99% Pension Funds. Even if the Pension Funds had 85% as Government Bonds, from the rest they still owned 99% of the banks and hedge funds and private equity.
- crdoconnor 11y agoYes, pension funds do have investments in a lot of things. Some did own banking shares, too, though banks were not 99% owned by pensioners. Holding bank shares is a suckers' game, however. Real money is made in bonuses: http://www.cbsnews.com/news/study-bank-bonuses-far-exceeded-profits/ http://www.cbsnews.com/news/study-bank-bonuses-far-exceeded-... Control is more important than holding a share certificate entitling you to a residual claim on profits.