An article published in the Institutional Investor early in September detailed multiple allegations from staffers at the UC investment office of mismanagement by Bachher… The Regents held a closed-door meeting to discuss issues within the investment office last week – and have since not commented on what decisions, if any, were made in that meeting. As valuable as Bachher is to the UC’s investment operation, the regents must establish some form of oversight over the investment office and take preventive steps against future abuses of power. If the allegations against Bachher are proven true, it doesn’t matter how lucrative the University’s investment portfolio is – the employee mistreatment will have been on the Regents’ head.

Read full article [here].
by The Editorial Board, The Daily Bruin.

Posted: October 1st, 2018, by: admin. Categories: . Awaiting Comments.