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EPISODE · Oct 22, 2025 · 6 MIN

Wisconsin's highly paid state investors pay others to do most investing

from America's Talking · host The Center Square

(The Center Square) – Wisconsin has paid billions of dollars in recent years for outside investors to manage most of the state's retirement funds even though it has an expansive team of highly paid investment employees, according to state data. State auditors this year urged the state of Wisconsin Investment Board to create specific plans that might shift more of that management to state employees "because external management is more expensive," a recent report by the Legislative Audit Bureau said. Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx Read more: https://www.thecentersquare.com/wisconsin/article_26aa4669-4177-409a-9b8a-9c03bee52d5c.html Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episode metadata supplied by the publisher feed · Published Oct 22, 2025

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(The Center Square) – Wisconsin has paid billions of dollars in recent years for outside investors to manage most of the state's retirement funds even though it has an expansive team of highly paid investment employees, according to state data. State auditors this year urged the state of Wisconsin Investment Board to create specific plans that might shift more of that management to state employees "because external management is more expensive," a recent report by the Legislative Audit Bureau said.

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Wisconsin's highly paid state investors pay others to do most investing

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