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Bad Manager Picks Have Sunk Pensions’ Bet On Alts

TedTed
in The Bullpen
FYI: Pensions have sought to fix their funding gaps by beefing up their alternatives allocations. A rating agency says it’s not working.
Regards,
Ted
https://www.institutionalinvestor.com/article/b1d0dhchpqj5bs/Bad-Manager-Picks-Have-Sunk-Pensions-Bet-on-Alts
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