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Pension Wars: High-Fee Plans Beat Index Funds In 2017

TedTed
in The Bullpen
FYI: Last year’s heated U.S. and “emerging” stock markets boosted investment returns for the big state and city funds that pay tens and hundreds of millions a year to professional managers who pick stock, bond, private-equity, real estate and other “alternative” funds.
Regards,
Ted
http://www.philly.com/philly/blogs/inq-phillydeals/pension-wars-high-fee-plans-beat-index-funds-in-2017-20180307.html
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