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Largest hedge funds suck in cash

Hedge Fund

A new investigation of industry assets by Absolute Return reveals that, once again, the largest funds are controlling more assets than ever.

Hedge fund exit not about performance: CalPERS CIO

Receading Hedge

The decision by the California Public Employees' Retirement System to leave hedge funds was not meant to send a message about that particular sector, the pension fund's new chief investment officer told CNBC on Wednesday.

CalPERS to exit hedge funds entirely

Receading Hedge

The California Public Employees' Retirement System is ditching its hedge fund program to reduce costs and complexity in its investment portfolio, it announced in a press release.

90% of hedge fund managers are overpaid ?

Hedge Fund

Nine out of 10 hedge-fund managers are overpaid as management fees don’t reflect declining interest rates and fund returns, according to Unigestion Holding, which invests $2 billion in hedge funds.