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North Carolina Treasurer May Cede Control of Pension Investments
Bloomberg
Jan. 31, 2014
"North Carolina's [state treasurer] Janet Cowell ... [is] poised to voluntarily surrender her status as one of four officials nationwide with sole control over state pension investments. The 45-year-old Democrat, a former equities analyst, this month appointed a commission to evaluate how investments are made for North Carolina's $83 billion public pension ... The board may recommend in April removing Cowell as sole trustee, replacing her with a panel or another model[.]"
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