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| Trying to erase the taint of bias and conflicts of interest that have dogged sell-side research in recent years. |
CORPORATE PENSION FUNDS are wasting money investing in the stock market. That’s the conclusion Stephen Cooper and David Bianco reach in a report they published last month entitled Should pension funds invest in equities? Or, to add a small caveat, that’s the conclusion they reach for companies with defined-benefit pension plans to manage.
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