Top SEC whistleblower Edward Siedle’s recent fiduciary review of the City of Cranston Fire and Police pension plans found “consistent and dramatic underperformance” of investments — with Siedle recommending that the pension go with a “new pension advisor…without a myriad of conflicts.”
A Midwestern pension plan will hear recommendations to hire two new emerging managers-of-managers to run separate international equity and fixed-income allocations at tomorrow’s board meeting.