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This is not to say any particular worker should abandon stocks or pile into bonds, or that the typical pension fund mix should be copied by workers of various ages and incomes.
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But the Longleaf fund mixes in some growth companies, too.
The Vanguard Total International fund mixes shares in all three funds to replicate the MSCI EAFE Plus Emerging Markets Index.
If you want to hedge your exposure to stocks, a good way to do it is to buy a balanced fund, mixing stocks and bonds.
All these changes are coming to a head as museums see their funding mix gradually change.
Banks have become increasingly dependent on secured borrowings, such as covered bonds and central bank loans, in their overall funding mix.
That shift in the funding mix is one reason the cash rate may have to fall further than in the past.
Bankers may complain, but only because they have to pay more for funding.Yet hybrids allow firms, not regulators, to decide on the best funding mix.
While the Bank already has de facto control over the amount of debt individual banks can take on in their funding mix, Threadneedle Street presently lacks a formal "power of direction" over total leverage throughout the sector.
"Brownfield cleanup dollars tend not to be very big dollars, but they're important dollars as a funding mix," said Allison Coleman, chief executive of Capital Link, a nonprofit group that helped Spectrum secure financing for the development.
We take issue with claims that the funding mix of banks, which makes them fragile and crisis-prone, is efficient because it reflects special liquidity benefits of bank debt.
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