PennSERS halves hedge fund allocation
Fri Dec 10, 2010
The $24 billion Pennsylvania State Employees Retirement
System will halve its allocation to hedge funds as a result of
dropping its long-term investment target to funds of hedge
funds to 9% from a current allocation of 17.9%. The pension
system's trustees have adopted an updated strategic investment
plan that has a greater allocation to...
ISSN: 2151-1845 / CDC10004H
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