After gaining parity in 2007, Profit margins in EU equities now half those of US counterparts: https://t.co/d6rTiwJHVW
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from