The law also lets North Carolina put 5 percent of its pension portfolio into commodities, real estate and other assets that the state sees as hedges against inflation. A summary of the bill issued by the state's treasurer and sole ... ?It doesn't pass the smell test,? said Edward Macheski, a retired money manager living in North Carolina. ?North Carolina's assumption is 7.25 percent, and they haven't matched it in 10 years.? He went to a recent meeting of the state ...
... they will recruit them in one form or another from Asia and other places." --Orange County real estate consultant Dennis Macheski, quoted in Robert Kaplan's "An Empire Wilderness: Travels Into America's Future" published in 1998 ...
Alas, Chicago did not have enough money to contribute to its own pension fund, which has been stung by real estate deals that fizzled when the city lost out in the bidding for the 2016 Olympics. ....?It doesn't pass the smell test,? said Edward Macheski, a retired money manager living in North Carolina. ?North Carolina's assumption is 7.25 percent, and they haven't matched it in 10 years.? He went to a recent meeting of the state treasurer's advisory board, ...
