Elections

Italian election puts political risk back on the table – money managers

Markets -

Markets -

A strong turnout for populist parties in Italy's general election brings political risk back to the forefront in Europe, warn money managers.
California governor candidates dodge pension cuts Brown foresees

PENSION FUNDS -

PENSION FUNDS -

California Gov. Jerry Brown said his successor likely would be able to cut public pension benefits when state finances sour, but is that likely?