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Are New Jersey pensioners funding a pro-Trump tabloid in chase for returns?

OCTOBER 19, 2018 | by Marc Joffe | REASON FOUNDATION

“So, New Jersey retirees are paying high fees for the hope of getting high returns if Chatham’s portfolio companies can avoid bankruptcy. The New Jersey Pension Fund is not the only system betting on such costly “alternative” investments: high assumed rates of return are pressuring many public pension system managers to take on more risk.”

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