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Philadelphia Pension Fund

(Rob Dubow, back to camera, at last week's meeting of the Philadelphia Pension Board.   Credit: Mike Dunn)

Philadelphia Pension Board Puts Sidelined Millions Back Into Equities Markets

The proceeds of more than $40 million in stocks sold off last week by the city’s pension fund, when the global markets were in chaos, is now being reinvested.

08/17/2011

(The Philadelphia Pension Board, at this morning's meeting.  Credit: Mike Dunn)

Amid World Turmoil, Philadelphia’s Pension Board Decides To Sit On Some Cash For A Week

The city’s pension board held an hourlong meeting this morning, during which the members decided to cash out $50 million worth of public equities. Some board members had urged converting even more of the fund’s public holdings — perhaps another $50 million — to cash.

08/11/2011

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