A Kentucky appeals court reversed a lower court’s ruling that the beneficiaries of the Kentucky Retirement System (KRS) had standing to sue over risky hedge fund investments; but the beneficiaries have now appealed to the State Supreme Court.
Tag: public DB plan investing
The San Bernardino County Employees’ Retirement Association uses knowledge management and InvestTech to make better-informed portfolio rebalancing decisions.
Research from the Center for Retirement Research (CRR) at Boston College also suggests public defined benefit (DB) plan return assumptions are on the optimistic end compared with those of investment professionals.
Alternative investments charge higher fees than traditional asset classes such as public equities and fixed income, and according to a study, these fees, in particular, may play a meaningful role in public plan underperformance.