WRAL (our local TV Channel) recently interviewed me for a segment that they did on alternatives in the NC Pension Fund.
The important takeaway is the initial graphic showing the explosion in fees paid by the fund. This is my main concern - as I have said before, fees destroy returns.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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