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  · 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 …

reuters.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 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, 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 Ditches Hedge Funds [Update] - Financial Times

3 weeks from now

Sep 16, 2014  · The message is starting to get through. Calpers, the largest US public pension fund, has said that it will stop investing in hedge funds.. It took a while. The $300bn California …

ft.com

Calpers Removing Entire US$4b Put In Hedge Funds - 商业时报

3 weeks from now

Sep 17, 2014  · [SACRAMENTO] The California Public Employees' Retirement System (Calpers) plans to divest the entire US$4 billion that it invested with hedge funds, saying they're too …

businesstimes.com.sg

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

With Pension Fund Giant Calpers Quitting Hedge Funds, Other …

3 weeks from now

Sep 16, 2014  · Even though the $4 billion hedge fund investment being dropped by the California Public Employees’ Retirement System is minuscule by industry standards, Calpers has long …

nytimes.com

Why The Calpers Decision Won't Stop The Flood Of Money Into …

3 weeks from now

Sep 28, 2014  · Nothing seems to stop hedge fund inflows these days. The hedge fund business has seen assets grow big time in recent years, marching on inevitably to $3 trillion. ... In …

forbes.com

Calpers’ Exit Has Sent Hedge Fund Managers A Public Health Warning

3 weeks from now

Sep 22, 2014  · Calpers had already cut the amount of money allocated to hedge funds by half, to about $2.5bn. But it went much further last week, branding hedge funds too complex and …

ft.com