Banking

March 4, 2014

NC pension fund fees criticized by SEANC consultant

A consultant hired by the State Employees Association of North Carolina has accused the state Treasurer’s office of paying excessive and hidden fees to money managers who invest the state’s $86 billion pension fund. The Treasurer’s office counters that the consultant’s conclusions are based on assumptions that “are not based on conventional industry standards.”

Related content

Comments

Videos

Editor's Choice Videos