19.04.2016 Other Voices: NYCERS should reconsider exiting all hedge funds
From Donald A. Steinbrugge, CFA – Managing Partner, Agecroft Partners: I would like to share some thoughts regarding New York City Employees Retirement System (NYCERS) voting to exit all hedge funds. Pension funds should always be managed in the best interest of the plan’s beneficiaries. I believe this blanket decision to eliminate a full set of investment opportunities may result in doing the exa
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