There's a lot of talk in the financial media about active management underperforming market averages over the long haul. How do you defend active management?
Replied Oct 16
We've been told by consultants and other experts that it's hard for active public equity managers to outperform. We made several high conviction investments, and added several hundred basis points ... Show more
Replied Sep 30
Asset liability management is always key for us. We focus on asset-liability matching (ALM), because the worst thing that can happen to a private pension, a public pension plan, or an insurance com... Show more
Replied Apr 03
The Pennsylvania Public School Employees' Retirement System, also known as PSERS, was founded in 1917 with the passage of a state law. Two years later, PSERS opened with the merger of 13 school dis... Show more