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Pensions Underfunded & Likely to Stay That Way

Monday, 8 Oct 2012 | 5:40 PM ET

According to a new study by Pyramis Global Advisors, nearly one-third of public pension plans don't expect to hit their return target over the next five years, with Derek Young, Fidelity's Global Asset Allocation Group. Also, how to overcome this low return, low interest environment, with Bruce Zimmerman, UTIMCO CEO.