Hedge Funds Face New Blow as $83 Billion Pension Cuts Them Out

  • Low yields make it harder for asset managers to justify fees
  • PFA says it can be up to 90% cheaper if they manage assets

Why Danish Pension Funds Are Shunning Hedge Funds

Danish pension fund PFA says it has found a way to boost returns in a world of ultra-low yields: cut out middle men like hedge fund managers and do it yourself.

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