WSJ: CalPERS questions its own ability to execute winning trades
Candidates for the chopping block in the pension fund's strategy rethink include individual stocks and hedge funds -- and a retreat from its accustomed role as trading macher
Author Sanders Wommack August 12, 2014 at 4:08 PM
MisterRIA
August 12, 2014 — 10:16 PM
If ever there was an augment for holding the market portfolio, this is it…. but then what would all those bureaucrats do as they were beating 2/3’s of all active managers?