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Jun 22nd, 2016
Hit by a “perfect storm” that combined a decade (2000-2009) in which the S&P 500 lost about 1% a year with a rising tide of pension obligations, public workers’ pension...
Mar 8th, 2016
The University of California’s largest employee union released a study and follow-up report last Tuesday detailing the UC system’s loss of nearly a billion dollars in a series...
Mar 4th, 2016
Imagine paying one billion in fees and getting the same results if you had just read the financial pages of a newspaper. The big question is who made these decisions? Why did they...
Mar 3rd, 2016
The University of California’s largest employee union released a study Tuesday that showed the University has paid about $1 billion to hedge fund managers over the past 12 years...
Mar 1st, 2016
SAN FRANCISCO (CBS SF) — The University of California paid hedge fund managers about $1 billion in fees over the last 12 years, according to a white paper study released by the...