He predicted that pension funds would continue to invest in alternatives, notwithstanding their disappointment with performance in the past year or so. And he said after the conference that Watson Wyatt was looking to have deeper and more involved relations with its clients, as the firm’s heritage involved working one-on-one with them.
Opinion
The on- and off-stage antics at the extravagant Milken Global Conference in Los Angeles tell us a lot about where institutional capital is right on the money – and where it is putting its head in the sand. And while the event retains the extraordinary intellectual and financial firepower that has always been its signature, something has shifted. The absences are as instructive as what's on the program.
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