Updated

Updated · Pensions & Investments · Jun 16

Kern County Employees Raises Hedge Fund Target as $100 Trillion Asset Managers Favor Scale

Updated

Updated · Pensions & Investments · Jun 16

Kern County Employees Raises Hedge Fund Target as $100 Trillion Asset Managers Favor Scale

1 articles · Updated · Pensions & Investments · Jun 16

Kern County Employees increased its target allocation to hedge funds, adding to signs that institutional demand for the strategy is reviving.
The move comes as larger investment firms keep gaining share in a roughly $100 trillion asset-management industry, reinforcing scale as a key advantage in manager selection.
Pensions & Investments' annual money-manager survey showed the biggest firms are expanding faster than the industry overall, providing backdrop for renewed interest in hedge funds.

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