Chrysler De-Risks with DB Plan Freeze
Chrysler will follow other major US automakers and freeze its DB plan.
Former US Representative Earl Pomeroy praised public pension CIOs, saying problem is underfunding, not DB plans.
The old classic 60/40 portfolio has handily beaten its modern, diversified counterparts since the financial crisis.
Complicated regulations, policies, and procedures inhibit good investment decisions according to Oxford and Stanford Professors.