Bridge over ocean
1 May 1966 Financial Analysts Journal Volume 22, Issue 3

Public Pension Funds: Past Performance and Future Opportunities

  1. Murray E. Polakoff

This article concerns itself with the types of assets held by state and local pension funds, the efficiency of such investments as compared with those of their closest counterparts, namely private non-insured corporate pension funds, and an evaluation of the broad principles which should govern future portfolio decisions by them.

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