Wall Street optimists and many
pension fund managers believe that past is prologue and that equities will
continue to deliver those historical returns.
«
Pension fund managers across the country have cut or eliminated exposure to these overpriced and underperforming investments, while the Office of the New York State Comptroller has stood still and spent pension system funds chasing performance that continues to fall far short,» said Financial Services Superintendent Maria
Pension fund managers across the country have cut or eliminated exposure to these overpriced and underperforming investments, while the Office of the New York State Comptroller has stood still and spent
pension system funds chasing performance that continues to fall far short,» said Financial Services Superintendent Maria
pension system
funds chasing performance that
continues to fall far short,» said Financial Services Superintendent Maria Vullo.