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Bonds Beat Stocks at Pension Funds, Turning 60/40 Inside Out
Bloomberg Quint 
Apr. 29, 2021 "The retirement funds of the top 100 U.S. public companies, with combined assets of about $1.8 trillion, have ratcheted up their fixed-income allocations to a record level. At the end of their last fiscal year, they held 50.2% of assets in debt, while slashing money parked in equities to an all-time low of 31.9%[.]" |
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