Comment on New York's Pension System Has $5.6B In Hedge Funds — And It's Currently 'Reviewing' Whether To Keep Them

New York's Pension System Has $5.6B In Hedge Funds — And It's Currently 'Reviewing' Whether To Keep Them

A major New York State pension fund is "reviewing" whether it should follow California's lead and pull out of its hedge fund investments. "We are currently reviewing our asset allocations with the goal of maximizing our risk-adjusted return on investments," a spokesman for state Comptroller Tom DiNapoli told Business Insider on Tuesday.

 

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