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The case in Pennsylvania is not representative of pension funds. If you read the linked article from Bloomberg, it explains that this allocation in “alternativ
by sesuximo 5y ago
The case in Pennsylvania is not representative of pension funds. If you read the linked article from Bloomberg, it explains that this allocation in “alternative” investment is double the average.
- kolbe 5y agoDouble isn’t a substantial enough difference for your comment to materially matter. If the article had said they spend $2b in fees instead of $4b, the point doesn’t change.