Yale is a private institution, i am not familiar with RSA. I personally would like to reatrict all gov pension investments to passive, low fee only.
The impact on actual dollars would average nationally to be positive. The impact on accountability would be absolutely amazing. The accountability would happen because everyone (all gov pensions) would have to assume similar future returns.
"other than the obvious don’t-defraud-public-pensions one – is that if you’re going to accept recreational drugs and sex services from state contractors, be sure to properly disclose it all to the relevant authorities." Good words to live by.
Provided an entertaining read on my morning commute on the MTA.
The impact on actual dollars would average nationally to be positive. The impact on accountability would be absolutely amazing. The accountability would happen because everyone (all gov pensions) would have to assume similar future returns.