Private pension one out of 4 from a public or private pension were not early but late hedge funds were create by wealthy individuals that had with an idea in said to manage risk and manage their risk they were looking for returns with bond like down side its now huge there are 8 hundred institutional quality and we have a weve been looking at 8 hundred institutional hedge funds for us what do i fear its not hedge funds it is a repeat of 2000 and 2002 and the disaster of 2007 and 9 when the fund headed do you think thats what i fear and putting the Risk Management controls to me is the prudent thing to protect either of those things happening thank you board and staff and keep up the good work on behalf of all of us thank you. Jonathan hello, again trustee 7 thousands 5 hundred hedge funds managing 3 trillion thats called chasing returns thats not a good strategy i want to just make a few more comments starting with the words truest weve placed our truest in you you have a diet to manag
Risky business this is not a game. clapping. good afternoon Board Members my name is maria i come today as a s c i u member and activist and i also want to support and give cede dance to the letter youve received from maxine sharpening is im particular and very delinquent about making sure we dont have tape down decisions decisions are local i can stand here with certainty saying this was our mentioning members that led this and we researched into this decision does, in fact, hold a lot of weighed and thats why im here to speak im a 26yearold in terms of working in the city well, not 26 years old far from that but i look forward to ref any first retirement check this july so but im here to say that wherever i think of entering into risky behavior or taking a risk i look at the assessment of whether or not its just myself that is in jeopardy or will be hurt or colateral damage so we want you to you know take pause and contemplate that as well we shouldnt be here to countryside another u
Performance is below average for example you look at the Real Estate Investment plus the highest return funds was 28 point plus and the other zero better to be safe than sorry point one percent ratio thats right was 0. 01 percent. Time. So the older funds was welcome. Hi and my name is david hill i work for the San Francisco Public Library good afternoon, commissioners and commissioner cohen bev says hi i was interested in some of the things i can go over here and revehicle sore roses and wiener busting i could do that but it would be cheap so i would but ill admit i was pulled out by some of the agreements made in defense of investing in hedge funds mr. Griffin from local 21 said used the phrase regardless of martha conditions well Market Conditions are the thing that it is postulated it depends on marketing conditions that is strange it is sort of like a man that leaps off a rooftop and of a 10 Story Building by the 6 floor says okay. So far laughter . At the risk of getting heckled
The funded with prudential 250i789 december 20th accepting were 67 percent and metro was 6 seven hundred i can send you through the emails time. And im saying the performance is below average for example you look at the Real Estate Investment plus the highest return funds was 28 point plus and the other zero better to be safe than sorry point one percent ratio thats right was 0. 01 percent. Time. So the older funds was welcome. Hi and my name is david hill i work for the San Francisco Public Library good afternoon, commissioners and commissioner cohen bev says hi i was interested in some of the things i can go over here and revehicle sore roses and wiener busting i could do that but it would be cheap so i would but ill admit i was pulled out by some of the agreements made in defense of investing in hedge funds mr. Griffin from local 21 said used the phrase regardless of martha conditions well Market Conditions are the thing that it is postulated it depends on marketing conditions that