How over-diversification and redundant active management created a monstrous inefficiency in US public pension investing—at taxpayers’ expense.
The post Frankenstein’s Index Fund appeared first on CFA Institute Enterprising Investor.
How over-diversification and redundant active management created a monstrous inefficiency in US public pension investing—at taxpayers’ expense.
The post Frankenstein’s Index Fund appeared first on CFA Institute Enterprising Investor.