{"id":44950,"date":"2014-11-10T06:31:16","date_gmt":"2014-11-10T11:31:16","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=44950"},"modified":"2014-11-10T06:31:16","modified_gmt":"2014-11-10T11:31:16","slug":"university-of-california-defies-calpers-on-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2014\/university-of-california-defies-calpers-on-hedge-funds.html","title":{"rendered":"University of California Defies Calpers on Hedge Funds"},"content":{"rendered":"<p>Bloomberg &#8211; The University of California has increased its hedge-fund holdings by a factor of 10 since 2004, even as the California Public Employees\u2019 Retirement System, the largest U.S. pension, said it\u2019s pulling all $4 billion it had in such investments because they\u2019re too complex and too expensive.<\/p>\n<p>Hedge funds account for $5.6 billion of the university\u2019s $90.7 billion portfolio, which consists mostly of a pension fund and endowments, according to university records. UC had less than $500 million in hedge-fund holdings a decade ago, the records show.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2014-11-10\/university-of-california-defies-calpers-on-hedge-funds.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; The University of California has increased its hedge-fund holdings by a factor of 10 since 2004, even as the California Public Employees\u2019 Retirement System, the largest U.S. pension, said it\u2019s pulling all $4 billion it had in such [&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-44950","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44950","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=44950"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44950\/revisions"}],"predecessor-version":[{"id":44951,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44950\/revisions\/44951"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=44950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=44950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=44950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}