Making hedgies edgy

30 March 2009 By Richard Beales

The giant US pension fund wants to rejig its relationships with hedge funds to make fees fairer and to give it more control. One specific idea: managed accounts rather than pooled funds. Calpers isn t the first into this fight, but its weight will make a difference.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)