The alleged ‘backdoor ties’ between retired teachers’ pension fund and investment firm
WCPO: Eric Chaffee, the Peter M. Gerhart Distinguished Research Scholar and associate director of the Center for Business Law, discussed ongoing concerns of alleged “backdoor ties” between Ohio’s retired teachers’ pension fund and an investment firm. “The key to creating a stable retirement fund is diversification of that fund, meaning that if you want to minimize risk and end up with fairly stable returns, the best thing you can do is invest in a diversified portfolio with index funds,” he said. “They allow for diversification without that active management of the fund.”