Pursuits
Sex Shops, Bingo and Sewage Define New Era of Pension Portfolios
- Negative bond yields leave managers searching for returns
- Alternative investments have gotten even more alternative
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Three years ago, Amsterdam’s mayor asked a roomful of pension fund managers if they’d be willing to invest in the regeneration of his city’s notorious red light district. Two lonely hands went up.
The same question today might have triggered a bidding war.