America’s Largest Pension Fund Pulls Out of Hedge Funds September 16, 2014
Posted by Garibaldy in International Finance, United States.trackback
Fascinating story from gawker. Here’s the first paragraph
CALPERS is America’s largest pension fund, with $300 billion in assets. It just announced that it is pulling all of its money out of hedge funds. Why? Because everyone knows that hedge funds are a ripoff.
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