Archive - Sep 18, 2009 - Blog entry
Teachers' Flying Off Course?
Submitted by Leo Kolivakis on 09/18/2009 21:02 -0500Are Teachers and other pension funds flying off course? Only time will tell but they sure are putting lots of eggs in the infrastructure basket. As with any investment, the benchmark should reflect the beta, credit risk and liquidity risk of the underlying investments. Infrastructure is a long-term asset class but it isn't free of risks and the benchmark must reflect this.
