Hedge Funds
A Missouri-based university plans to increase its hedge fund allocation this year.
An Eastern pension plan received a hedge fund termination recommendation last month.
Pension funds and endowments have been the backbone of the hedge fund industry for much of the past decade. But many of these institutional investors are now turning away from the $3tn-in-assets sector, dismayed by high fees and relatively lacklustre returns.
A Midwestern pension fund has retained its hedge fund consultant.
A Southeastern pension plan approved the hire of a new hedge fund-of-funds manager this month.
A Southeastern pension plan eliminated its hedge fund allocation this week.
Some market tailwinds like strong equity markets may slow but the asset class will grow.
A pension fund in the Northeast made hedge fund and private equity hires in the fourth quarter.
A Methodist foundation in the South added domestic equity and hedge fund investments to its portfolio last year.
A Northwestern pension plan eliminated its diversifying strategies allocation as part of new strategic targets approved last month.
