When current events lead some to suggest portfolio allocation changes, ABA doesn’t make a detour from pre-approved strategy. For the American Bus Association, the importance of having a clear investment policy was hammered home during the last recession—when the group, like many associations, was sustaining significant losses in the stock market. RELATED CONTENT With interest rates expected to stay low, groups move to more equity investment Indeed, when the recession hit in early 2008, and then was intensified by events such as Lehman Brothers filing the largest bankruptcy in U.S. history in September of that year, “emotions were certainly running very high” at… Read More