Why Investors In Alternatives Perform So Poorly

http://ift.tt/224jZAf

There was a story in Bloomberg today about the University of California’s endowment fund and their latest moves to shake up the portfolio: The University of California’s endowment, which manages $2 billion in hedge fund investments, plans to pull money from the worst-performing managers and redirect assets to top firms, the state system’s investing chief......

from A Wealth of Common Sense http://ift.tt/1cC8e8Z
via IFTTT