Massachusetts winds up portable alpha

Thu Nov 5, 2009

The Massachusetts Pension Reserve Investment Management Board is weathering the latest challenge to its hedge fund portfolio following the termination of four managers as part of the disbanding of the portable alpha programme that contributed significantly to the 24% losses of the overall pension fund in 2008.

Trustees of the $40 billion retirement...

ISSN: 2151-1845 / CDC10004H

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