Live: Pensions Could Be Crushed By Commercial Real Estate, Managers Have Other Priorities
The reality of entire cityscapes full of half-empty office towers and run down strip malls across the country is beginning to set it. But most people don't realize this will directly affect their retirement security as pension funds everywhere have massive exposure to Commercial Real Estate debt. What's worse, the people running these funds are doing nothing about it, focusing instead on ESG mandates, and in many cases pension funds are actually buying more!
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#Pension #commercialrealestate #financenews
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