Calpers and hedge funds: End of an affair
- 5 years ago
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The US's largest public pension fund will no longer invest in hedge funds after 12 years of putting them in its portfolio of assets. Lex's Joseph Cotterill discusses with FT Alphaville's Dan McCrum whether hedge funds should be considered an asset class at all by institutional investors.
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The US's largest public pension fund will no longer invest in hedge funds after 12 years of putting them in its portfolio of assets. Lex's Joseph Cotterill discusses with FT Alphaville's Dan McCrum whether hedge funds should be considered an asset class at all by institutional investors.
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes