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The Dallas Police & Fire Pension System: A Cautionary Tale In Alternative Investments

2016-09-27 12_15_38-Morguefile free photographs for commercial useWhile alternative investments have the potential to both reduce a portfolio’s risk and boost its returns, the key word here, as today’s article emphasizes, is can: “If done poorly, alternative investments can just as easily take a wrecking ball to a portfolio and destroy years’ worth of gains.” Specifically, the author outlines the real-life example of the Dallas Police & Fire Pension System (DPFP) which, “after making a series of questionable investments” in alternative assets, ended up bankrupt. To read more about what happened to the DPFP and the lessons this cautionary tale holds about alternative investments – as well as for the four conditions the author recommends be in place when it comes to alternative investments – CLICK HERE.