Legislature overrules governor’s objection to using retirement funds to meet current expenses.
Tag: Fiscal Year
A decade ago, the largest US pension plan decided to abandon its home country bias favoring US stocks. Now, pension officials wonder if it was the right move as US stock performance has shined.
Fund’s total asset value climbs to $A146 billion.
Ted Eliopoulos wants to know whether the largest US pension system is being rewarded enough for its investment risk taking.