Massachusetts state pension fund ups hedge fund allocation

NEWS ANALYSIS | STRATEGY | PENSION GIANT FOLLOWS GLOBAL HEDGE FUND ALLOCATION TREND

BOSTON – The Massachusetts state pension fund is planning to invest an additional 5% of its assets under management into hedge funds in 2005, according to the fund’s 2002-elected treasurer Timothy Cahill. The $34.7bn fund already has 5% invested in fund of hedge funds (FoHF) but this new allocation will be for direct hedge fund investment. "I know when I say this that my office will be overrun with hedge fund managers but I enjoy meeting them," says Cahill. "I am benchmarking our pension fund on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options