CalPERS cracks down on gifts (magazine version)

Mon Apr 4, 2011

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Rob Feckner
The $228 billion California Public Employees’ Retirement System conducted a special review of fees paid by external managers to placement agents and an analysis of more than 70 million pages of information collected from more than 400 managers and more than 140 interviews.

The special review began in 2009 and resulted in more than $200 million in fee concessions from...

ISSN: 2151-1845 / CDC10004H

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