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New Jersey to Disclose 5-Year History of Fees, Performance Data
Pensions & Investments
Nov. 25, 2015 "New Jersey State Investment Council, which oversees the policies governing the $79 billion New Jersey Pension Fund, has voted to report a five-year history of fees and performance data for the pension fund's investments.... The new fee information will apply to both externally managed investments and internally managed ones ... For fiscal year 2014, 74% of pension fund assets were managed internally ... The division uses external managers only for alternative investments and for global diversified credit funds[.]" MORE >> |
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