Corrupt city officials face pension freezeBY RUTH LIEW | MONDAY, 2 AUG 2010 12:50PM
Pension fund CalPERS has used its administrative powers to suspend the pension accounts of city officials, one of whom allegedly earned a 'secret' annual salary of US$800,000.
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Vivek Ahuja, portfolio manager for the Templeton Global Macro team, believes fixed income portfolios with allocations too close to core indices become vulnerable to rising interest rates, especially in ...
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