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How Do We Solve The Public Pension Fund Crisis In The Us? Are Hedge Funds To Blame?

by hedgeweek.com posted 10months ago 63 views
By Don Steinbrugge, Agecroft Partners – An article recently published about the grossly underfunded Kentucky State Retirement System suggests that gambling on high fee hedge funds and private equity funds, and the use of placement agents, were primarily to blame. For many readers, it was likely a persuasive article.