After 30-plus years of making presentations to, working for, and sitting on investment boards, I am no longer an ardent supporter of replacing North Carolina’s sole fiduciary with an investment board. Clearly, the concentration of power in one elected official is cause for some level of genuine concern.
Read more here: http://www.newsobserver.com/2014/05/03/3825450/andrew-silton-nc-pension-fund.html?sp=/99/104/#storylink=cpy