It sold its 10 percent stake in a London-based money management firm.
No money management firm can provide that service today, and the costs of getting there, with all the research necessary, is immense.
The investor is then matched with one of 17 money management firms in the program.
These states have also developed symbiotic ties to their money management firms.
Last year, money management firms were telling investors to focus on the hot-hot-hot market.
He said his firm sponsored a conference last fall and invited 38 head traders from various money management firms.
Institutional money management firms outperformed the stock market for only the second time in six years.
The money management firm, using capital from Calpers, would put up another 20 percent of the cost in equity.
"The question is, will that undermine their ambitions to be a top money management firm?"
He left in 1982 with two other people to start an institutional money management firm.
It sold its 10 percent stake in a London-based money management firm.
No money management firm can provide that service today, and the costs of getting there, with all the research necessary, is immense.
The investor is then matched with one of 17 money management firms in the program.
These states have also developed symbiotic ties to their money management firms.
Last year, money management firms were telling investors to focus on the hot-hot-hot market.
He said his firm sponsored a conference last fall and invited 38 head traders from various money management firms.
Institutional money management firms outperformed the stock market for only the second time in six years.
The money management firm, using capital from Calpers, would put up another 20 percent of the cost in equity.
"The question is, will that undermine their ambitions to be a top money management firm?"
He left in 1982 with two other people to start an institutional money management firm.