The California Public Employees' Retirement System, with $298 billion worth of investments in its portfolio, announced that over the next year it plans to sell about $4 billion worth of hedge fund investments as part of a continuing process of simplifying its ...
Hedge-fund-free � the latest Californian fad?
Reuters Blogs (blog)
UPDATE 1-Calpers scraps hedge fund strategy, to pull $4 bln from funds
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