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New York Review Concludes State Pension Fund 'Thinly Staffed'
Pensions & Investments
Feb. 19, 2013 "Insufficient staffing has caused the fund to delay achieving long-term asset allocation targets, to rely more on consultants than many peers and to have higher investment management costs because it cannot "efficiently gain exposure to various asset classes and management styles," according to a report reviewing the $150.1 billion pension fund[.]" MORE >> |
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