Author Archives: Leo Kolivakis

Submitted by Leo Kolivakis, publisher of Pension Pulse. Wall Street had its best day of the year, storming higher after some good news from Citigroup: Citigroup Inc. says it operated at a profit during the first two months of the year. That energized financial stocks and in turn, the entire stock market. Surprised investors drove […]

Submitted by Leo Kolivakis, publisher of Pension Pulse. On March 1st, the Financial Times’ Donald MacDonald reported that pension funds’ long term view demands active role: The reported 20 per cent decline in the value of pension fund assets in OECD countries in the first 10 months of last year has meant the current round […]