MetLife Inc.'s return to the institutional money management business through its experience in real estate, mortgages and private placement are areas that consultants and MetLife's Steven Goulart, executive vice president and chief investment officer, agree are seeing increased investor interest.
Many defined contribution plan participants are investing without fully understanding investment option risks and asset allocation strategies, while not paying much attention to education tools offered by sponsors, new surveys show.
As British employers began automatically enrolling an estimated 10 million workers into defined contribution plans in early October, money managers with U.K. operations were seeing more question marks than dollar or pound signs.
Pension fund executives were among leaders in the effort to reform the financial system and end the doctrine of too big to fail. Yet, some pension funds themselves have come to be seen by some as too big to fail, and have become the subjects of potential bailouts.