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Barry Ritholtz: Hedge Funds Cost Pensions $15 Billion In Lost Opportunities

FYI: A new report [1] poses an interesting question: “Would public pension funds have fared better if they had never invested in hedge funds at all?”
Regards,
Ted
http://www.ritholtz.com/blog/2015/11/hedge-funds-cost-pensions-15-billion-in-lost-opportunities/print/
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