Letters to the Editor

  1. Public-private plans fill pension gap

    trueIn its June 9 editorial, Pensions & Investments is right to raise a caution flag over states' decisions to provide saving assistance for small-business workers and owners, but the conclusion is wrong. Yes it's complex, but providing missing retirement security to millions of Americans is both a ...

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  1. SFERS CIO has failed to make a credible case for hedge funds

    trueThis letter responds to Pensions & Investments' article entitled “San Francisco CIO proposes major asset allocation overhaul” (P&I Daily, May 22), which reported that San Francisco Employees' Retirement System's new chief investment officer proposed that the fund invest 15% of its assets ($3 ...

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  2. Tax avoidance harms pensions

    trueI couldn't help but notice that your April 28 editorial — urging pension funds to consider that “high” U.S. corporate tax rates apparently “adversely” impact fund investment performance — was placed directly across from an Other Views commentary on public employee pension underfunding.

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  3. SOA ideas not a pathway to stronger public plans

    trueThe National Conference on Public Employee Retirement Systems couldn't disagree more strongly with Pensions & Investments' conclusion that public pension plans should adopt the recent recommendations of an ad hoc panel of the Society of Actuaries (Editorial, “A pathway to stronger plans,” March 3).

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  4. SDCERA meeting goals: steady gains, curbing risk

    trueThe article about the San Diego County Employees' Retirement Association performance return is a classic example of there being no “there there” in an article (Pensions & Investments, “San Diego County hit by performance blip,” page 3, Feb. 3).

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  5. Not chasing market or peers

    trueIn response to the Pension & Investments' Feb. 3, page 3 article by Arleen Jacobius, “San Diego County hit by performance blip”:

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  6. "Upside potential ratio,' and not Sortino ratio, is the proper focus

    trueIn regard to Brian M. Rom's letter to the editor in the Jan. 6 issue of Pensions & Investments on the importance of the Sortino ratio in investment-performance measurement:

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  7. Concerns about HMA acquisition of CHS

    trueThe decision by Health Management Associates shareholders to approve a purchase offer by Community Health Systems should have surprised no one (P&I Daily, Jan. 8, and Pensions & Investments, Dec. 6). It certainly came as no surprise to the American Federation of Teachers.

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  8. Challenges of delegating fiduciary management

    trueYour July 22 editorial is a useful contribution to the topic of outsourcing investment management, a technique which is relatively new in the U.S. but which has been employed more widely in Europe.

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  9. Sortino ratio, downside-risk optimization widely used tools

    trueThere was an important omission from your extensive article on significant developments in our industry over the 40 years P&I has been publishing (“Witness of a revolution,” Pensions & Investments, Oct. 14).

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  10. The failure of investment consulting

    trueRe: “Papers question worth of consultants,” Pensions & Investments, page 2, Sept. 30.

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  11. Errors, wrong impressions found in story

    trueThe Sept. 2 Pension & Investments article on page 2 relating to the Arizona Public Safety Personnel Retirement System's real estate values contained a number of errors and created some misimpressions which we wish to correct.

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  12. Fee description in story not accurate

    trueIn your July 19 issue of P&I Daily, the article dealing with the Arizona Public Safety Personnel Retirement System focused in part on fees paid to a PSPRS property manager, the Desert Troon Cos., which is managing a large portfolio of residential, commercial and retail properties that PSPRS ...

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  13. Fed a distraction from headwinds of debt, demographic challenges

    trueQuantitative easing can't go on forever.

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