Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

To submit industry-related press releases or request feature ideas please contact editor@evestment.com

News Archive

Read More Industry News >

CalPERS to Increase Investments in Event-Driven, Macro Funds

Feb 27, 2013
Jing Chen

The California Public Employees’ Retirement System is planning to boost its investments in event-driven and global macro hedge funds to "help reduce the impact of fluctuations in the stock market."

Bloomberg reported that CalPERS aims to invest 5% of its hedge fund portfolio with even-driven funds and increase its allocation in global macro funds to 10% from its current 2%.

The pension fund, which manages about $254.5 billion for employees, has about $5 billion invested in hedge fund strategies.

In recent years, a slew of pensions funds across the country have been allocating assets to hedge funds to diversify investments and improve returns.

Read More Industry News >

Hedge Fund Journal Reviews eVestment's Hedge Fund Database

July, 2012

Read More