Re:New York Discovers Wall Street Charges Fees
by Enzolangellotti on Friday April 10, 2015 @07:44AM
(#9353660)
A)Because with 160bln you're the market;
B) Change the point of view from the retail investor to the pension fund, funds have a very narrow and constrained mandate, they need to hedge risks and deal with the increasing negative cash-flows. They can't merely park their money somewhere and hope for the best.
B) Change the point of view from the retail investor to the pension fund, funds have a very narrow and constrained mandate, they need to hedge risks and deal with the increasing negative cash-flows. They can't merely park their money somewhere and hope for the best.