Large funding deficits are driving pension plans to plough money into private assets in pursuit of returns, heightening the risk of crowded trades and subdued gains, according to new research.
根據新的研究，巨大的資金赤字正促使養老金計劃將資金投入私人資產以追求回報，這加劇了交易擁擠和收益低迷的風險。
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