YMCA reaffirms 12% hedge fund allocation

Tue Apr 6, 2010




The YMCA Retirement Fund, one of oldest retirement portfolios in the US, recently reaffirmed its end goal of a 12% allocation to hedge funds after terminating Tremont Capital Management from its portfolio.

An additional fund of funds manager that gained investment approval almost a year and a half ago, and saw that commitment dry up with the liquidity crunch, is likely to...

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