Chasing Alpha
Posted on 11/24/2015
From CIO to CIO – the message is the same. There will be more volatility and extended periods of lackluster returns. Dropping hedge funds months back, the California Public Employees’ Retirement System (CalPERS) will eventually (don’t know how long) move its discount rate from 7.5% to 6.5%. Smart beta, otherwise called factor-based investing, can assist […]
- Ackman
- Alternatives
- CalPERS
- endowments
- Hedge Funds
- mutual funds
- pensions
- Pershing Square Capital
- Private Equity
- skilled managers
