{"id":33073,"date":"2012-12-19T00:03:03","date_gmt":"2012-12-19T05:03:03","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=33073"},"modified":"2012-12-18T23:04:08","modified_gmt":"2012-12-19T04:04:08","slug":"new-york-pensions-to-add-hedge-funds-to-reduce-volatility","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2012\/new-york-pensions-to-add-hedge-funds-to-reduce-volatility.html","title":{"rendered":"New York Pensions to Add Hedge Funds to Reduce Volatility"},"content":{"rendered":"<p>Bloomberg &#8211; Three of\u00a0New York\u00a0City\u2019s five public pension funds are seeking to add as many as 15 hedge funds for direct allocations to reduce price swings in stocks and improve investment returns.<\/p>\n<p>The New York City Employees\u2019 Retirement System, New York City Police Department and New York City Fire Department, which have about $70 billion in assets, are searching for event-driven funds, commodity trading advisers and global macro and relative value managers, according to Seema Hingorani, head of public equities and hedge funds at New York City Comptroller\u2019s Office. The focus is on event-driven strategies as the pensions now have more allocated to global macro funds and CTAs, she said.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2012-12-18\/new-york-pensions-to-add-hedge-funds-to-reduce-volatility.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Three of\u00a0New York\u00a0City\u2019s five public pension funds are seeking to add as many as 15 hedge funds for direct allocations to reduce price swings in stocks and improve investment returns. The New York City Employees\u2019 Retirement System, New [&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-33073","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33073","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=33073"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33073\/revisions"}],"predecessor-version":[{"id":33074,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33073\/revisions\/33074"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=33073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=33073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=33073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}