Calpers dumps hedge funds citing cost, to pull $4 billion stake

Calpers Dumps Hedge Funds Citing Cost, To Pull $4 Billion Stake

3 weeks from now

Sep 16, 2014  · The $300 billion fund, known as Calpers, invests with firms including Och-Ziff Capital Management (OZM.N), Deepak Narula's Metacapital Management and Bain Capital's Brookside Capital and plans to ...

yahoo.com

Calpers Dumps Hedge Funds Citing Cost, To Pull $4 Billion Stake

3 weeks from now

Sep 16, 2014  · The California Public Employees' Retirement System, the largest U.S. pension fund, said on Monday that it will pull all $4 billion it has invested in hedge funds because it …

reuters.com

Calpers To Pull $4B Hedge-Funds Stake Citing Costs

3 weeks from now

Sep 16, 2014  · Dear, who joined Calpers in 2009, embraced riskier assets including hedge funds and private equity funds, to help recover losses suffered during the financial crisis when its …

foxbusiness.com

CalPERS To Dump $4B In Hedge Fund Investments

3 weeks from now

Sep 16, 2014  · The California Public Employees’ Retirement System (CalPERS) is to dump $4 billion worth of hedge fund investments, citing the asset class’ high costs, complexity, and lack …

ai-cio.com

Calpers Dumps Hedge Funds Citing Cost, To Pull $4 Bln Stake

3 weeks from now

Sep 16, 2014  · By Svea Herbst-Bayliss and Barani Krishnan. Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv

reuters.com

Calpers, Biggest US Public Pension Fund, Dropping $4B In Hedge …

3 weeks from now

Sep 16, 2014  · The exit plan, announced Monday, will bring Calpers' hedge fund program to an end within a year, as the retirement system closes the door on 24 hedge funds and six hedge …

investing.com

Calpers Pulls All $4 Billion In Hedge Funds, Citing Costs

3 weeks from now

The pension fund paid $135 million in fees in the fiscal year that ended June 30 for hedge fund investments that earned 7.1 percent, contributing 0.4 percent to its total return, according to ...

fa-mag.com

Calpers To Divest From Hedge Funds, Citing Expenses, Complexity

3 weeks from now

Sep 15, 2014  · The California Public Employees' Retirement System plans to divest the entire $4 billion that it has with hedge funds, saying they're too expensive and complex. ... Calpers to …

newsmax.com

Calpers Pulls All $4 Billion In Hedge Funds, Citing Costs

3 weeks from now

Sep 16, 2014  · The California Public Employees’ Retirement System plans to divest the entire $4 billion that it invested with hedge funds, saying they’re too expensive and complex.

fa-mag.com

Calpers Dumps Hedge Funds Citing Cost, To Pull $4 Billion Stake

3 weeks from now

Sep 16, 2014  · By Svea Herbst-Bayliss and Barani Krishnan (Reuters) - The California Public Employees' Retirement System, the largest U.S. pension fund, said on Monday that it will pull …

yahoo.com

Calpers Dumps Hedge Funds Citing Cost, To Pull $ 4 B Stake

3 weeks from now

Reuters: The California Public Employees’ Retirement System, the largest US pension fund, said on Monday that it will pull all $4 billion it has invested in hedge funds because it finds them too …

ft.lk

Calpers Pulls Public Employee Pensions Out Of Hedge Funds

3 weeks from now

Sep 16, 2014  · California's public employee pension is divesting its entire $4 billion stake in hedge funds. Calpers says the investment proved to be too complex and not worth the expenses.

npr.org

Calpers' Hedge Fund Pullout Turns Up The Pressure On

3 weeks from now

Sep 17, 2014  · With a $4 billion hedge fund program, CalPERS ... Calpers manages about $300 billion in retirement funds. When the plan to pull the plug was announced Monday, the pension …

greenwichtime.com

Calpers To Exit Hedge Funds, Divest $4 Billion Stake

3 weeks from now

The decision to eliminate 24 hedge funds and six hedge fund-of-funds, isn’t related to the performance of the program, said Ted Eliopoulos, the interim chief investment officer. The …

forexfactory.com

Calpers To Quit Hedge Funds And Put US$4b To Work Elsewhere

3 weeks from now

Sep 16, 2014  · The California Public Employees' Retirement System (Calpers) plans to divest the entire US$4 billion that it has with the funds, saying they are too expensive and complex.

scmp.com

Calpers To Exit Hedge Funds - WSJ - The Wall Street Journal

3 weeks from now

The California Public Employees' Retirement System said Monday it would shed its entire $4 billion investment in hedge funds over the next year to simplify its assets and reduce costs.

wsj.com

Calpers Ditches Hedge Funds - Business Insider

3 weeks from now

Sep 15, 2014  · Calpers paid $135 million in fees to hedge funds during the last fiscal year. Hedge fund investments earned the pension 7.1% during that time period (overall the pension …

businessinsider.com