Large Pension Funds Slowly Begin to Dump Hedge Funds
Posted on 01/12/2015
A growing number of large public pensions are beginning to shun hedge funds. This trend gained steam in 2014. From equity-focused hedge funds levying high fees, only to fumble a historic rally in stocks – a number of hedge funds are facing permanent redemptions from public funds. Board members of the US$ 17 billion San […]
