Institutional Investor (August 14)
2020/ 08/ 16 by jd in Global News
“There are about 5,300 public pension funds in the U.S. today, overseeing some $4 trillion in assets. The 25 largest account for more than half the total. The rest of the market is highly fragmented, with thousands of public pension portfolios managed independently and locally. Fragmentation results in less efficient portfolios and higher operating costs…. There must be a better way.”
Tags: Assets, Costs, Efficient, Fragmented, Pension funds, Portfolios, Public, U.S.
