(Bloomberg) — The biggest global funds should all be monitoring their investments in illiquid assets, according to the head of Canada’s largest pension fund.“I do ring the alarm bell on not to be too invested in illiquid assets,” Mark Machin, chief executive officer of the Canada Pension Plan Investment Board, said in a Bloomberg Television interview Monday at the World Economic Forum in Davos. “We are very comfortable with our risk models and what we would do in various lurches down markets, but I do worry about the expansion of a lot of funds like us around the world into …read more
Source:: Yahoo Finance
