Topic: Carl Hess
Unhappy with the performance of pension funds, many companies have hired or fired fund managers, and are showing less interest in target-date funds. HR and benefits professionals are stepping up their pension-fund-management activities -- including firing and hiring managers -- in response to the ...
Despite being maligned as financial alchemy, alpha/beta separation refuses to die (probably because it's a good idea, but we're biased). For example, Carl Hess, Watson Wyatt's Global Head of Investment consulting said in this press release: In this ...