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Higher Fees Are Fruitless for Pension Funds, Think Tank Says

TedTed
in The OT Bullpen
FYI: According to a new study by conservative Maryland Public Policy Institute (MPPI), state pension funds that paid the highest in fees recorded inferior average returns than those with the lowest fees over five years ending June 30, 2014—a period that encompasses one of the strongest bull markets in history.
Regards,
Ted
http://www.ai-cio.com/channel/Manager-Selection/Higher-Fees-Are-Fruitless-for-Pension-Funds,-Think-Tank-Says/
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