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Public pensions could be managed by qualified investment managers and/or an independent board

By Hicbd
Sun Feb 17 2019 3:55 pm

"An article recently published about the grossly underfunded Kentucky State Retirement System suggests that gambling on high fee hedge funds and private equity funds, and the use of placement agents, were primarily to blame."

URL:
https://seekingalpha.com/article/4227828-pension-funds-crisis-us-hedge-funds-blame
https://www.sfchronicle.com/opinion/openforum/article/Hedge-funds-are-no-place-for-public-pension-11240726.php
https://www.nytimes.com/roomfordebate/2013/12/05/the-public-pension-problem/pension-funds-need-independent-qualified-investment-boards

URL Credit

Categories:
Public Finance / Revenue Public Budgeting Government Debt / Spending / Budgeting U.S. State Government Government Corruption / Oversight / Ethics Pension Funds / Public Pensions Institutional Investing / Asset Management Government Management

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