{"id":22606,"date":"2011-05-20T06:26:19","date_gmt":"2011-05-20T10:26:19","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=22606"},"modified":"2011-05-20T06:26:19","modified_gmt":"2011-05-20T10:26:19","slug":"pension-council-approves-shift-to-more-investments-in-alternatives","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2011\/pension-council-approves-shift-to-more-investments-in-alternatives.html","title":{"rendered":"Pension council approves shift to more investments in &#8216;alternatives&#8217;"},"content":{"rendered":"<p>North Jersey &#8211; Of the targeted allocations for fiscal 2012, the investment plan&#8217;s greatest shift would be toward hedge funds.\u00a0The State Investment Council voted Thursday to increase how much New Jersey&#8217;s pension system may put into potentially riskier investments in the next fiscal year, though far below the recently raised cap of 38 percent in so-called alternative investments.<\/p>\n<p>New Jersey has 17.3 percent of its $72.6 billion pension system invested in hedge funds, private equity, real estate and commodities. Under a plan the council approved in a 10-2 vote, the pension system would aim for 25.5 percent in alternative investments in fiscal 2012. If that target is reached, it would still be below the previous cap of 28 percent.<\/p>\n<p><a href=\"http:\/\/www.northjersey.com\/news\/122279004_Pension_fund_adding_riskier_investments.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>North Jersey &#8211; Of the targeted allocations for fiscal 2012, the investment plan&#8217;s greatest shift would be toward hedge funds.\u00a0The State Investment Council voted Thursday to increase how much New Jersey&#8217;s pension system may put into potentially riskier investments in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22606","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=22606"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22606\/revisions"}],"predecessor-version":[{"id":22607,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22606\/revisions\/22607"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=22606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=22606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=22606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}