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US State Pension Funds Could Learn From the North

July 08, 2011

America’s public sector has not produced many pleasant financial surprises this year. This week, however, one emerged: John Liu, New York City Comptroller, announced that in the year to June 30, the City’s pension fund produced returns of more than 20 percent, raising total assets to $119 billion, according to the FT.

Source: http://www.cnbc.com/id/43680549?__source=RSS*tag*&par=RSS
 
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