Pennsylvania state pension
part of State Of Pennsylvania
2 statements across 1 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement May 24, 2021 by Ashby Monk · across every show →
Everything said about Pennsylvania state pension, oldest first
May 24, 2021 negative
Monk: Pennsylvania pension board misunderstood portfolio complexity, hurting risk-adjusted returns
“And when we got done with all of the analysis on a risk adjusted basis, It was much worse than I thought. And then there was a sense for me that this was a governance challenge and that because the board struggled to understand the complexity of the portfolio …”