| 22.09.2014 Opalesque Roundup: CalPERS not the only pension to divest entire hedge fund program: hedge fund news, week 39 |
| In the week ending 19 September, 2014 institutional investor CalPERS, the largest pension system in the U.S., announced it would divest its entire $4bn hedge fund program. Dutch pension PMT, the €55bn fund for metal workers, is also divesting all of its hedge fund portfolio. The pension says hedge funds are too expensive and is going into residential mortgages. MSR Investments said Calpers w |
| Article source: http://www.opalesque.com/fullarticle/652568/SEC_charges_19_investment_firms_and_one_trader256.html - Opalesque is not responsible for the content of external internet sites |