FYI: A recent alternative investment survey of public pension plans conducted by the National Conference of Public Employee Retirement Systems (NCPERS) and JP Morgan provides a pair of surprising revelations:
1.Illiquidity wasn’t a major concern for pension funds in the 2008 financial crisis; and as a result
2.Pension funds aren’t as concerned about as liquidity as one might think.
Regards,
Ted
http://dailyalts.com/survey-says-liquidity-not-primary-concern-pension-funds/
