Pension fund switches to short duration bonds in $80 million spree

By Sayed Kadiri

A $1.3 billion state-wide pension fund has delved into its cash pile to award mandates to two leading credit managers

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Comment by: Anonymous. Posted 10 years ago [2013-12-11 01:40:11]

Something seems off here. Targeting 8% USD returns with majority US and foreign bonds? Does that work these days? Comments are welcome!