Foundations and endowments fleeing hedge funds slows – The Boston Globe

Comments Print   August 16, 2017 INVESTMENTS Foundations and endowments slow hedge fund exits The wave of endowments and foundations cutting their exposure to hedge funds is abating. That’s the conclusion of a survey released Tuesday by Boston-based consulting firm NEPC, which caters to 106 endowments and foundations with assets totaling $61 billion. Almost two-thirds of […]

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Hedge Funds Have Stopped Hemorrhaging US Endowment Clients – Bloomberg

The wave of endowments and foundations cutting their exposure to hedge funds is abating. That’s the conclusion of a survey released Tuesday by Boston-based consulting firm NEPC, which caters to 106 endowments and foundations with assets totaling $61 billion. Almost two-thirds of the 62 business officers who responded to questions said they planned to maintain their […]

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Commentary: Hedge fund land: An expensive amusement park? – Pensions & Investments

In previous articles, I addressed two recent investment “fatigues” experienced by institutional investors: active vs. passive; and global vs. U.S. benchmarks. Now I’ll tackle the third “fatigue”— hedge funds. Hedge funds have come under extreme criticism lately for their expensive fee structure, lack of performance and too much beta wrapped up in an alpha fee […]

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Hedge Funds Break Up With Long-Adored Apple and Facebook Shares – Bloomberg

Hedge funds have adored the FAANGs for so long it’s no wonder that two of them — Apple Inc. and Facebook Inc. — are losing their appeal. Ken Griffin’s Citadel sold 3.4 million shares of Apple, the majority of its stake. And Viking Global Investors, led by Andreas Halvorsen, shed 9.6 million shares of Facebook, […]

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Hedge funds step up hunt for alternative data to detect emerging trends – The Australian Financial Review

Hedge funds are stepping up the hunt for more alternative data – such as foot traffic into stores – as a proxy for how healthy a company’s sales might be. Hedge funds are increasingly using “alternative data” such as measures of daily foot traffic into retail stores and airports collected from millions of people’s smartphones […]

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Paulson And Other Hedge Funds Rewarded as Angst Fuels Gold – Bloomberg

Hedge-fund managers including billionaire John Paulson are being rewarded as investor worries over everything from uneven economic data to U.S.-North Korean tensions fuel a rally in bullion. At the end of June, Paulson & Co. owned 4.36 million shares of SPDR Gold Shares, a U.S. government filing showed Monday. That’s unchanged from the three months through March. […]

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