it had shifted nearly a fifth of the portfolio into cash despite holding no cash 12 month prior.
This has left hedge-fund investors — who saw the average fund return roughly a fourth of what the market did last year — frustrated. Commonfund runs $26 billion for more than 1,300 endowments and foundations, putting institutions' money to work in third-party hedge fund managers. Most institutional allocators, like pensions and endowments, bank on their hedge fund managers taking riskier than their long-only peers and index-fund providers. But an expensive market has many value investors skeptical of the prices being demanded in the public markets.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Newsticker - News & Tipps von Business Insider DeutschlandTrending: Big Tech companies are getting older but they can still learn new tricks Is that fortnite. RIP old fornite map. Fortnite really streching for advertising
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »