Tuesday, June 11, 2013

Different Strokes: Institutions revamp hedge fund portolios




From pionline: Hedge fund portfolio revamps are front and center on CIOs' desks as institutions, especially public pension plans, refine their investment approaches.

The South Carolina Retirement System Investment Commission and the Teachers' Retirement System of the State of Illinois are among the most recent to begin gut rehabs.  Each is splitting a single hedge fund allocation and regrouping hedge fund strategies by whether their returns are more or less correlated to public equity and fixed-income markets.

Other institutional investors are following less drastic evolutionary paths in managing their hedge fund portfolios:…


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