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Do U.S. Public Pensions Manage Risk Effectively? a Review of 38 Public Pensions
Arun Muralidhar and Sid Muralidhar via SSRN 
Dec. 15, 2025 "The main takeaways are that in addition to selecting qualified staff, the public funds with the best funded status and risk management are those where there are: [1] effective governance and delegation of responsibilities between Boards and investment staff, [2] continuity of tenure in both organizations, [3] empowerment of staff to be long-term investors, and [4] a collaborative environment." MORE >> |
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