The above video is a panel discussion from the Bloomberg Markets Most Influential Summit, which was held in New York on September 22.
The discussion is moderated by Bloomberg editor-at-large Tom Keene, and features Clifford Asness, managing and founding principal of AQR Capital Management, and John C. Bogle, founder of Vanguard Group Inc.
The pension discussions begin at around the 2:35 mark of the video.
Topics include investment fees, assumed rates of return, and the panelists “gloomy” outlook for public pensions.