{"id":58417,"date":"2017-06-09T09:25:48","date_gmt":"2017-06-09T13:25:48","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=58417"},"modified":"2017-06-09T09:27:28","modified_gmt":"2017-06-09T13:27:28","slug":"58417","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2017\/58417.html","title":{"rendered":"New York, Illinois Pension Funds Say Hedge Funds Fees Too High"},"content":{"rendered":"<p>\n(Bloomberg) The Illinois State Board of Investment has cut $1 billion of hedge funds from its portfolio. The New York State Common Retirement Fund has reduced its allocation to the strategy to 3 percent.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-06-07\/new-york-illinois-pension-funds-say-hedge-funds-fees-too-high\">One of the reasons? The fees are too high.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) The Illinois State Board of Investment has cut $1 billion of hedge funds from its portfolio. The New York State Common Retirement Fund has reduced its allocation to the strategy to 3 percent. One of the reasons? The fees [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-58417","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/58417","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=58417"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/58417\/revisions"}],"predecessor-version":[{"id":58420,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/58417\/revisions\/58420"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=58417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=58417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=58417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}