Massachusetts to shave $1bn from HF portfolio

Tue Sep 1, 2009

Trustees of the $40 billion Massachusetts Pension Reserve Investment Management Board are not only disbanding the fund's 6% allocation to portable alpha, but in voting to lower the hedge fund allocation there is a need to dump more than $1 billion in hedge fund assets.

The portable alpha programme had underperformed in 2008, which has been the case in...

ISSN: 2151-1845 / CDC10004H


The full contents of this article are available to active InvestHedge subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to InvestHedge.


Subscribers have unlimited access to all current content, including fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now

Popular Searches on HFI