Public Pensions Have Loaded Up on Risky Investments, Says Lawrence McQuillan

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FS Insider welcomes public pension expert Lawrence McQuillan, author of the must-read book, California Dreaming: Lessons on How to Resolve America’s Public Pension Crisis, to discuss the problems facing public pensions, how they got to where they are today and the risky moves that pension fund managers have made to try and meet their overly optimistic return assumptions. McQuillan discusses the practical and moral dimensions to the public pension crisis unfolding in parts of America today and shares some recent positive steps in California and elsewhere. This is one interview you won’t want to miss!

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About Cris Sheridan