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Home Economics Christie Investments Lag Stock Market, Costing NJ Billions

Christie Investments Lag Stock Market, Costing NJ Billions

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New Jersey investment officials have directed increasingly large slices of state pension money into riskier investments, such as hedge funds, touting their strategy as a means of limiting exposure to a volatile stock market. They’ve argued that their approach would maximize overall returns and justify the higher fees paid to Wall Street money managers. But in…

Christie Investments Lag Stock Market, Costing NJ Billions

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