Treasurer Cowell Announces Investment Fee Reductions
June 17, 2010
June 17, 2010
RALEIGH, N.C., June 17 -- The North Carolina State Treasurer issued the following news release:
State Treasurer Janet Cowell announced today that the Department of State Treasurer has been successful in negotiating investment manager fee reductions resulting in an annual cost savings of over $2.4 million for North Carolina's pension fund.
A recent fiduciary review of the Investment Management Division conducted by EnnisKnupp found that the majority of the fund& . . .
State Treasurer Janet Cowell announced today that the Department of State Treasurer has been successful in negotiating investment manager fee reductions resulting in an annual cost savings of over $2.4 million for North Carolina's pension fund.
A recent fiduciary review of the Investment Management Division conducted by EnnisKnupp found that the majority of the fund& . . .