In the week ending 26 September, 2014, institutional investor Teacher Retirement System of Texas' directional hedge funds generated one-year alpha of as of June 30 of 5.5 percentage points; Harvard University's endowment reinforced its commitment to hedge funds and private equity as it reported investment gains for 2014. Texas Teachers however decided to slightly cuts its allocation to directional hedge funds.
Meanwhile Agecroft Partners’ Donald A
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