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Calpers To Cut External Money Managers By Half

TedTed
in The Bullpen
FYI: The California Public Employees' Retirement System intends to cut ties with roughly half of the firms handling its money to reduce fees paid to investment managers, the Wall Street Journal reported.
Regards,
Ted
http://www.reuters.com/article/2015/06/08/usa-calpers-investment-idUSL3N0YU27120150608

WSJ In Depth Article: (Click On Article Title At Top Of Google Search)
https://www.google.com/#q=Calpers+To+Cut+External+Money+Managers+By+Half+wsj
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