{"id":34151,"date":"2013-02-28T02:58:06","date_gmt":"2013-02-28T07:58:06","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=34151"},"modified":"2013-02-28T02:58:06","modified_gmt":"2013-02-28T07:58:06","slug":"south-carolina-hedge-fund-bet-makes-pension-trail-as-fees-soar","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2013\/south-carolina-hedge-fund-bet-makes-pension-trail-as-fees-soar.html","title":{"rendered":"South Carolina Hedge-Fund Bet Makes Pension Trail as Fees Soar"},"content":{"rendered":"<p>Bloomberg &#8211; South Carolina\u2019s $27 billion pension dove into private equity and hedge funds in 2008, hoping to increase returns that were at the bottom tenth of public- employee retirement funds.<\/p>\n<p>Five years and $1.2 billion in fees later, its annualized gain of 1.3 percent still trails the median among public pension-systems, according to data compiled by Wilshire Associates Inc. In neighboring Georgia, the $53.5 billion teachers\u2019 pension buys only stocks and bonds.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2013-02-28\/south-carolina-hedge-fund-bet-makes-pension-trail-as-fees-soar.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; South Carolina\u2019s $27 billion pension dove into private equity and hedge funds in 2008, hoping to increase returns that were at the bottom tenth of public- employee retirement funds. Five years and $1.2 billion in fees later, its [&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-34151","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34151","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=34151"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34151\/revisions"}],"predecessor-version":[{"id":34152,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34151\/revisions\/34152"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=34151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=34151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=34151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}