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South Carolina goes the direct route
CIO Borden says trimming funds of funds should boost returns, cut costs.
December 18, 2009
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By Anastasia DondeEverybody knows you shouldn't put all your eggs in one basket—but how many baskets should you put them in? There is such a thing as overdiversification, and that worries Bob Borden, chief investment officer of South Carolina Retirement Systems. The $25 billion state

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