On January 26, 2015, New York City Comptroller Scott Stringer released the “Management and Operations Study and Best Practices Review” report Funston Advisory Services prepared as part of our assessment of the NYC Bureau of Asset Management (BAM). BAM invests and manages $160 billion in funds on behalf of the five major New York City retirement systems. The press release can be viewed here.
The full FAS report is available on the Comptroller’s website here.
Media reporting which referenced our report included: