January 17, 2017
Jonathan Rochford, CFA @ Narrow Road Capital
Portfolio Manager at Narrow Road Capital
The Dallas Pension Fiasco Is Just the Beginning
The run of redemptions and lock-up of the Dallas Police and Fire Pension fund was entirely predictable. The same conditions exist elsewhere and point to a wave of state and local government pension and debt defaults in the coming decade.
Loading PDF
More from Jonathan Rochford, CFA
The most important insight of the day
Get the Harvest Daily Digest newsletter.