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New Jersey pensions backing away from hedge funds


Another pension fund has backed away from hedge funds. New Jersey, stung by high fees and weak performance, on Wednesday joined New York City and California as the latest government sponsored-pension fund to cut back on how much money it places with the hedge funds. The New Jersey Investment Council unanimously voted to cut its...
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Source: New York Post


05:45, August 4, 2016 Carleton English

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