CalPERS considers boosting hedge fund programme in the new year

Mon Dec 5, 2011

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The California Public Employees’ Retirement System has spent the last few months reorienting its hedge fund programme to be implemented in new ways and is said to be considering an increase when trustees once again review the investment programme in early 2012.

Joseph Dear, chief investment officer of the $228 billion pension fund, has publicly said that the absolute return portfolio has been...

ISSN: 2151-1845 / CDC10004H

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