Abstract

http://ssrn.com/abstract=2737089
 


 



Should the Equities in the North Carolina State Employees’ Pension Fund Be Indexed or Actively Managed?


Edward Tower


Chulalongkorn University-Economics Department; Duke University - Department of Economics; Nanyang Technological University (NTU)

May 19, 2016

Economic Research Initiatives at Duke (ERID) Working Paper No. 210

Abstract:     
R. Ron Elmer is running for Treasurer of the State of North Carolina. He is aware that the high expenses and high turnover associated with active management of portfolios reduce returns. Part of Elmer’s platform is to replace active management of stock mutual funds, private equity, real estate funds, real estate partnerships, hedge funds and commodity funds with an index investment strategy, managed in house.

Number of Pages in PDF File: 20


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Date posted: February 25, 2016 ; Last revised: May 24, 2016

Suggested Citation

Tower, Edward, Should the Equities in the North Carolina State Employees’ Pension Fund Be Indexed or Actively Managed? (May 19, 2016). Economic Research Initiatives at Duke (ERID) Working Paper No. 210. Available at SSRN: http://ssrn.com/abstract=2737089

Contact Information

Edward Tower (Contact Author)
Chulalongkorn University-Economics Department
Bangkok
Thailand
Duke University - Department of Economics ( email )
213 Social Sciences Building
Box 90097
Durham, NC 27708-0204
United States
919-660-1818 (Phone)
919-684-8974 (Fax)
Nanyang Technological University (NTU) ( email )
S3 B2-A28 Nanyang Avenue
Singapore, 639798
Singapore
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