Worst Public Pension Quarterly Results Reported-Reality Is Far Worse

Worst Public Pension Quarterly Results Reported-Reality Is Far Worse

Public pensions just reported their worst quarterly investment performance in over a decade. Thanks … [+] to secrecy agreements, reporting delays and valuation wiggle-room granted to hedge funds, private equity, real estate, infrastructure, venture capital and other private asset managers, the full extent of public pension losses has not been disclosed to pension stakeholders.

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