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Pension Plans Like Indiana's Are Taking Bigger Risks With Taxpayers' Money
BusinessWeek Sept. 20, 2006
Excerpt: Indiana is following the lead of other state and local pension funds trying to catch up with bigger funds such as the $210 billion California Public Employees' Retirement System, which has been sinking money into alternative investments for years. The goal is the same for all: to diversify portfolios and generate higher returns.
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