The state of Rhode Island has been a big-time investor, through its pensions, in hedge funds. Retired teachers who depend on this money for retirement should not be invested in hedge funds. It’s as simple as that.
It’s no surprise that hedge funds are coming under attack. Assets are heading out the door.
This could have been avoided.
FLASHBACK: RI Pension Agreement
Latest posts by E.J. Smith (see all)
- Even Nolan Ryan Had a Hard Time Transitioning to Retirement - January 19, 2018
- You’ve Read the Last Issue of Intelligence Report Now What? Part III - January 19, 2018
- The Truth Behind the S&P 500: Part VI - January 18, 2018