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Missing The Mark

Browse AFSCME 3299 posts:
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News

Jun 22nd, 2016

Swedroe: Pension Funds Turn In Vain To Hedge Funds

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...

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News

Mar 8th, 2016

UC Union Releases Study on Costly Hedge Fund Investments

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...

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News

Mar 4th, 2016

UC paid billions in fees to hedge funds that only mirrored stock market

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...

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News

Mar 3rd, 2016

Study finds insignificant returns on UC’s $1B hedge fund investments

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...

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News

Mar 1st, 2016

University Of California’s Hedge Fund Investments Plagued By High Fees

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...

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