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How pensions make investing too complex

November 25, 2014 |

Finance Commentary

by Rodger Lowenstein

Fortune Magazine

Pricey consultants have convinced many pension funds to pile into private equity, real estate and hedge funds, which don’t necessarily promise higher returns or long-term investing.

KKR & Co., a private equity firm, has threatened to bar the Iowa Public Employees’ Retirement System from investing in KKR’s funds if the Iowa system complies with a public records request for information on what it is paying KKR in fees.

Read the full article HERE