Who Do Pension Funds Work For?

Earlier this week, the Wall Street Journal captured the political battles being fought behind the scenes of one of the largest public employee pension fund in the country: the California Public Employees’ Retirement System, or CalPERS. In the article, aptly titled, “Calpers’ Dilemma: Save the World or Make Money?” the author reviews the fund’s choices … Continue reading Who Do Pension Funds Work For?