Kweku Obed, CFA, CAIA
This article offers governance best practices for public sector plan sponsors to consider. The fiduciary duties imposed on state and local government employers come from each state’s own laws, whether they be state constitutional law, state statutory law that has been enacted by each state’s legislative bodies, or common law, which is based on precedents from the body of judicial decisions.
On July 31, 2019, the Federal Reserve cut interest rates for the first time since the 2008 Financial Crisis from…
Overall, the second quarter was positive for financial markets, thanks to strong economic fundamentals and expected Fed stimulus. Unemployment remains…
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