PBGC Investment Policy and Strategy Discussion With Rocaton
Back in September 2007, the Pension Benefit Guaranty Corporation paid Connecticut-based Rocaton $395,000 to study the agency’s finances and suggest how best to allocate its money, according to its contract. What the PBGC ultimately approved -- reducing its investment in bonds to increase the money it holds in stocks -- differed little from the recommendation made by Rocaton.
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