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More Pension Funds Dispense with Hedge Funds as an Asset Class
Institutional Investor Link to more items from this source
June 4, 2013
"The Employees Retirement System of Texas recently decided to integrate hedge fund investments across its entire $24.9 billion portfolio rather than keep them in a separate bucket... [The] retirement fund joins a growing number of U.S. pension funds that are taking a more open approach to hedge fund investing ... Increasingly, investment consultants are encouraging institutional investors to consider putting hedge funds outside the alternatives bucket, especially when it comes to equities."

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