Asset owners lowering return targets

Investment returns have undoubtedly been harder to come by in recent years. Interest rates have been way down in Europe, the US and other markets since the 2008 crisis, and the concept of decent risk-free performance is long gone. But it seems many investors had been denial, taking the view that they simply needed to move into riskier assets to boost performance. That, of course, is easier said than done. It seems that realisation has dawned.  Will asset owners reduce their an…