Cost, Performance, and Benchmark Bias of Public Pension Funds in the United States: An Unflattering Portrait

RM Ennis - The Journal of Portfolio Management, 2022 - jpm.pm-research.com
The author estimates that statewide pension funds in the United States incur annual
investment expenses averaging 1.3% of asset value. A sample of 24 of them …

Top foundations' 10‐year plunge into alternatives yields mixed results and high fees

J Hooke, K Yook, W Chu - Nonprofit Management and …, 2019 - Wiley Online Library
Private foundations control a sizable pool of investment capital. This paper examines the
endowment returns of private foundations. Over the 10‐year period, 2006–2015, the top 56 …

Alternative Asset Fees, Returns, and Volatility of State Pension Funds: A Case Study of the New Jersey Pension Fund

J Hooke, C Park, KC Yook - The Journal of Alternative …, 2020 - search.proquest.com
This case study provides new information about alternative asset fees to many institutional
investors by tapping a relatively unknown data source: state pension fund annual reports …

[CITATION][C] The Incredible Shrinking Alpha 2nd edition: How to be a successful investor without picking winners

AL Berkin, LE Swedroe - 2020 - Harriman House Limited