20 Pages Posted: 25 Feb 2016 Last revised: 24 May 2016
Date Written: May 19, 2016
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.
Suggested Citation: 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: https://ssrn.com/abstract=2737089