14.03.2016 Opalesque Roundup: Florida’s State Board of Administration content with hedge fund returns and fee level: hedge fund news, week 10
In the week ending 11 March, 2016, Florida’s State Board of Administration has said that its hedge fund investments produced a handsome profit for the pension fund. For the three years that ended Nov. 30, Florida made an average annual return of 9.6 percent on its hedge fund investments after expenses, outpacing the pension plan’s overall annual return of 8.9 percent.

While a study by Preqin h

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