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The Big Shift: Did Public Pension Bets Pay Off?

January 30, 2019

NEW YORK--(BUSINESS WIRE)--Jan 30, 2019--Kroll Bond Rating Agency (KBRA) releases a report on public pensions, The Big Shift: Did Public Pension Bets Pay Off? Recent volatility in the equity markets begs an important question. Did the dramatic shift toward alternative investment assets embraced by so many public pension funds pay off? Or is it an emerging cautionary tale of when something is too good to be true, it probably isn’t? Given recent equity market volatility, KBRA considers these questions in the context of investment returns for public pensions.

To view the report, click .

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About KBRA and KBRA Europe

KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus, is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190130005430/en/

CONTACT: Analytical Contacts:

William Cox, Managing Director

(646) 731-2472

wcox@kbra.com

Barry Weiss, CFA, Senior Director

(646) 731-2475

bweiss@kbra.com

Peter Giacone, Senior Director

(646) 731-2407

pgiacone@kbra.com

Justin Schneider, Senior Analyst

(646) 731-2453

jschneider@kbra.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Kroll Bond Rating Agency

Copyright Business Wire 2019.

PUB: 01/30/2019 09:25 AM/DISC: 01/30/2019 09:25 AM

http://www.businesswire.com/news/home/20190130005430/en

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