Broadway League funds use internal 7% return targets for conservatism
Chris Brockmeyer · Chris Brockmeyer – On Broadway (Capital Allocators, EP.47) · Apr 9, 2018 · at 29:35
Chris Brockmeyer discusses managing asset allocation and setting conservative investment return assumptions for Broadway League multi-employer benefit funds.
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“A number of funds I sit on, we've established what we consider sort of an internal assumption that we, notwithstanding whatever the actuary certifies with the federal government, will say, You know, we want to use a seven percent return assumption because we want to be more conservative in our approach.”
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