Professor Herb Melberger quoted in Bloomberg Article on Public Pension Funds
Finance Professor Herb Melberger was quoted in a January 3, 2023, news article on public pension funds in Bloomberg:
“I served with one director for about 15 years and never saw him ask a question” about his system’s investments, said Herb Meiberger, a finance professor who sat on the board of the $36 billion San Francisco Employees’ Retirement System until 2017.
Professor Melberger served on the San Francisco Employees Retirement System (public pension) Board for 25 years, until 2017.
Read the full article, "Investing Novices Are Calling the Shots for $4 Trillion at US Pensions," on the Bloomberg website (registration required).