Most Hedge Funds Are Really Just Glorified Money Managers

Pension Funds oftentimes are just duplicating existing market strategies and exposure by allocating capital to Hedge Funds while paying higher costs for underperforming a simple SPY Long position the last 7 years.


Pension Funds oftentimes are just duplicating existing market strategies and exposure by allocating capital to Hedge Funds while paying higher costs for underperforming a simple SPY Long position the last 7 years.
 

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