Monique G. Harley, CFE
Monique G. Harley, CFE, is a veteran institutional portfolio manager, analyst and strategist, and managing director of Speculare Forensic Consulting, LLC. Her email address is: mgharleycfe@speculareforensics.com.
Reaching for returns
U.S. public pension plans are facing an unprecedented crisis with an estimated shortfall of $1.378 trillion needed to pay benefits to retirees. Most pension funds have taken on higher-risk investments to seek increased returns. The rise and fall of the Dallas Police and Fire Pension System because of these non-traditional investments provides a cautionary tale with important lessons for CFEs.
Written By: Monique G. Harley, CFE
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