I will have limited access to voicemail and email. If you have an immediate need, please contact Carol Quinn, at 626-564-6000 ext. 3301.

David E. Kushner, CFA
Chief Investment Officer
LACERA
300 N. Lake Avenue
Pasadena, CA  91101
626-564-6000 ext. 3306

>>> McCauley_Mike <Mike.McCauley@sbafla.com> 02/14/14 14:06 >>>

[http://i2.cdn.turner.com/money/dam/assets/140204142351-inv24-illo-620xa.jpg]

Do proxy advisers hurt your returns?<http://shar.es/QSBrh>

Source: money.cnn.com

Evidence suggests that their input on voting may hinder more than help.

Michael McCauley sent this using ShareThis<http://sharethis.com>. Please note that ShareThis does not verify the ownership of this email address.

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