{"id":44347,"date":"2014-10-03T07:34:26","date_gmt":"2014-10-03T11:34:26","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=44347"},"modified":"2014-10-03T07:34:26","modified_gmt":"2014-10-03T11:34:26","slug":"vonnegut-the-client-strikes-back-at-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2014\/vonnegut-the-client-strikes-back-at-hedge-funds.html","title":{"rendered":"Vonnegut: The Client Strikes Back at Hedge Funds"},"content":{"rendered":"<p>WSJ &#8211; The California Public Employees&#8217; Retirement System is no longer a fan of hedge funds. I never was. But our reasons aren&#8217;t exactly the same.<\/p>\n<p>With $295 billion in assets, Calpers discovered the challenge of finding great hedge funds and not overwhelming them with size. It had invested just $4 billion in this asset class&#8211;hardly enough to &#8220;move the needle&#8221; and, in its view, hardly worth the effort given the complexity and high cost.<\/p>\n<p><strong>Read Complete Article<\/strong><a href=\"http:\/\/online.wsj.com\/articles\/norb-vonnegut-the-client-strikes-back-at-hedge-funds-1412256539\" target=\"_blank\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; The California Public Employees&#8217; Retirement System is no longer a fan of hedge funds. I never was. But our reasons aren&#8217;t exactly the same. With $295 billion in assets, Calpers discovered the challenge of finding great hedge funds [&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-44347","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44347","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=44347"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44347\/revisions"}],"predecessor-version":[{"id":44349,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44347\/revisions\/44349"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=44347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=44347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=44347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}