Transparency, not risk, is the issue here

General Treasurer Gina M. Raimondo has taken more media shots for her choice to allocate 22 percent of the state’s pension funds to alternative investments, including hedge funds. The argument is that these high-risk investments do little more than contribute high management fees to her former colleagues on Wall Street while imperiling the retirement funds

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber

No posts to display