New York wasted $1 billion on hedge fund fees, watchdogs charge – CNBC

CNBCIn a blistering report that criticized both the $2.9 trillion hedge fund industry and New York Comptroller’s Thomas DiNapoli’s office, the New York State Department of Financial Services said pension investments in hedge funds have been a giant failure …Hedge Funds Cost N.Y. Pension Plan $3.8 Billion, Report SaysBloomberg all 9 news articles …read more […]

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