Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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Bates & Company, Inc.
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AimPoint Pension
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Nation's Largest Pension Plan Considers Using More Indexed Funds
Forbes; subscription may be required Mar. 21, 2013
"[CalPERS] is considering the move because external active managers have failed to keep pace with the markets. This news is nothing new to people who closely track active management performance.... . It has been know in academia and in the consulting industry that a majority of active managers underperform the indexes they are trying to beat. It's also known that choosing a winning manager is extremely difficult because there is so much noise in the data."
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