A new, comparative 50-state analysis from Prof. Jeffrey Sonnenfeld and his research team at the Yale Chief Executive Leadership Institute demonstrates how Connecticut is one of the worst states in the nation when it comes to public pension investment performance. The state's chronic, severe underperformance has cost the state billions - if Connecticut had even median investment performance, it would have made an extra $10 billion over the last decade.
See the full 113-page study here: https://yale.box.com/s/xa0mrhmwj5kbv1236dilf8d3oj12aof2
See Prof. Jeffrey Sonnenfeld's column in the Hearst Connecticut papers here: https://www.ctpost.com/opinion/article/yale-sonnenfeld-ct-investment-performance-18086184.php
See Prof. Jeffrey Sonnenfeld discuss this research with Brian Shactman here: https://omny.fm/shows/mornings-with-ray-dunaway/brian-and-company-w-jeffrey-sonnenfeld-5-11-23