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The chief executive of the $40 billion fund says that bringing back defined benefit funds could make the public service an attractive career path again and strengthen the social compact with nurses, teachers and police.
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The set-up for emerging markets is better than ever, and harks back to the beginning of their decade-long run following the end of the Asian financial crisis. And while Trump has investors running scared, fears about another brushfire trade war are overblown.
U.K. Water: Flat or bubbly?
Volatility from regulatory action and climate change is creating buying opportunities for U.K. water utilities, according to ClearBridge Investments.
