Pension TREND. Cutting Hedge Funds. +1 State.

New Jersey State Investmetn Council voted to cut hedge fund investments in half.

Total NJ fund investments in hedge funds will herafter total approximately $2billion.

What other funds/systems have cut hedge fund investments?

• New York City’s pension for civil employees
• California Public Employees’ Retirement System

Bloomberg | New Jersey’s Pension Fund to Cut Hedge Fund Allocation in Half