Public Pensions Take A Second Look at Hedge Funds

January 17, 2013   Imogen Rose-Smith

Insider trading scandals scarred the hedge fund industry in 2012, causing pension funds to reexamine their allocations to long-short equity managers.

With the federal government’s insider trading investigation producing ever-higher numbers of hedge fund manager convictions, public pension fund investors are starting to take a hard look at their own hedge fund portfolios. Their main concern? Whether long-short equity managers can …

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