State-run government pension funds spent $10 billion on fees and performance bonuses in 2014

0
State-run government pension funds spent $10 billion on fees and performance bonuses in 2014
geralt / Pixabay

How N.J.’s public pension investments performed compared to U.S.

TRENTON — State-run government pension funds spent $10 billion on fees and performance bonuses in 2014 to private managers of their alternative investments, a strategy that has stirred controversy in New Jersey. The report from the Pew Charitable Trusts found that the 73 largest state and local public pension funds invested about half their assets in…

Seth Klarman’s 2021 Letter: Baupost’s “Never-Ending” Hunt For Information

Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More

Updated on

No posts to display