Chester County retirement fund posts small quarterly loss; public asks for fee transparency
Investment consultants reported the Chester County Employees' Retirement Fund was down 0.7% for the quarter and remains around $544 million; a Penn Township resident urged the board to report actual dollar amounts paid in manager fees and raised concerns about delayed private-equity statements.
The full story
Investment advisors told the Chester County Employees' Retirement Board on May 16 that the county's retirement portfolio was down 0.7% for the quarter and ended the period at about $542.5 million, with a year-to-date decline of 0.4% through April.
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