The Reformed Broker personal blog
NYC Pension Earns $40M Over 10 Years, Pays Fund Managers $2B
“We asked a simple question: Are we getting value for the fees we’re paying to Wall Street?” Mr. Stringer said. “The answer, based on this 10-year analysis, is no.” The party is over. At great political risk to his own ambitions (given the local campaign-funding base), New York City Comptroller Scott Stringer took a…
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On Hacker News
| Submitted | Title on HN | Points | Comments |
|---|---|---|---|
| Apr 9, 2015 | NYC Pension Earns $40M Over 10 Years, Pays Fund Managers $2B by arielm | 173 | 88 |