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.
根据新的研究，巨大的资金赤字正促使养老金计划将资金投入私人资产以追求回报，这加剧了交易拥挤和收益低迷的风险。
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