Apparently CalPERS (the California State retirement pension fund) is no longer going to invest in hedge funds, according to this post from Gawker.
I hope this is true. The Gawker article does a nice job of identifying that this is a good move on the part of CalPERS. This is not a “neutral” event or a “wait and see what happens” occurrence. This is, without a doubt, a rational, smart ...
More →Many investors are frustrated with low interest rates, but the actual (real) return is not as bad as they think.
We’ve all heard the complaints. Interest rates are at historic lows, which frustrates many investors that want income, especially from low risk investments such as CD’s, money market funds or high grade bonds.
Interest rates on low risk investments have been near zero for several years now. Many investors are remembering the old days when government bonds and bank ...
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