Personal Finance and Investing

mahatmakanejeeves

(61,437 posts) Sun Sep 25, 2022, 07:24 AM Sep 2022

Pensions Brace for Private-Equity Losses

Public pension funds are already reporting big losses in 2022, and things are likely to get even uglier

wsj.com
Pensions Brace for Private-Equity Losses
Retirement officials predict grim results from investments in private equity and other illiquid assets.

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3 replies

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Pensions Brace for Private-Equity Losses (Original Post) mahatmakanejeeves Sep 2022 OP

Yeah most places already have a deficit on their pension plans jimfields33 Sep 2022 #1

Suspect pension plan managers want to look competitive, save their jobs. empedocles Sep 2022 #2

Looks like tax increases are on the way MichMan Sep 2022 #3

jimfields33

(19,257 posts)

1. Yeah most places already have a deficit on their pension plans

Reply to mahatmakanejeeves (Original post)

Sun Sep 25, 2022, 08:06 AM

Sep 2022

For some reason many districts didn’t put enough money into the pension funds and now they’re playing catch-up, but the stock market is anemic. How they’re going to get themselves out of this is a mystery.

empedocles

(15,751 posts)

2. Suspect pension plan managers want to look competitive, save their jobs.

Reply to jimfields33 (Reply #1)

Sun Sep 25, 2022, 10:06 AM

Sep 2022

So they invest shorter term with risk.

Now they are worrying about a 2020 type 10,000 DJ point drop.

If they were investing on a long view - the dow was 10,000 in 2010, they would have cushion to lighten risk in the dj 30,000g to 35g range, and would be better off now. Long bonds would have gained for some more cushion.

MichMan

(13,461 posts)

3. Looks like tax increases are on the way

Reply to mahatmakanejeeves (Original post)

Sun Sep 25, 2022, 10:10 AM

Sep 2022

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