This content is from:xinyabo体育
Philadelphia finds more control and lower fees with hedge funds
Philadelphia puts its money into single-manager funds to get more control, better access & lower fees.
By Anastasia Donde At a time when many investors have been spooked by a high-profile Ponzi scheme, poor performance and the shakeout among hedge funds, the Philadelphia Public Employees Retirement System hasn't retreated from hedge funds. Instead, it has been trying to gain more control over its investments by increasing its
To continue reading,subscribe nowto Premium Journalism. Already a subscriber?Login.