EPISODE · Jun 12, 2019 · 4 MIN
The Asset Allocator: A Successful (So Far) Experiment In Active Management
from SA For FAs · host Seeking Alpha
The Canada Pension Plan (don’t yawn yet) has put many a hedge fund, and even the sizzling S&P 500 index fund, to shame. This podcast (5:43) argues that if management remains as astute, and even more importantly, as diversified, then the CPP could continue to do very well. However, while earning high returns helps secure the Canadian retirement system, the fund’s management should focus on “beating” U.S. Social Security, not the S&P 500. The goal should be solvency, not hedge-fund-like performance.Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
The Canada Pension Plan (don’t yawn yet) has put many a hedge fund, and even the sizzling S&P 500 index fund, to shame. This podcast (5:43) argues that if management remains as astute, and even more importantly, as diversified, then the CPP could continue to do very well. However, while earning high returns helps secure the Canadian retirement system, the fund’s management should focus on “beating” U.S. Social Security, not the S&P 500. The goal should be solvency, not hedge-fund-like performance.Learn more about your ad choices. Visit megaphone.fm/adchoices
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The Asset Allocator: A Successful (So Far) Experiment In Active Management
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