Florida Retirement System Slashes Pimco Investment

Oct. 8 (Bloomberg) -- Bloomberg's Olivia Sterns reports on the top company news of the day on "Bloomberg Surveillance.”

Pension Plans, Hedge Funds, and the Way Forward
21:58 - New York State Common Retirement Fund Chief Investment Officer Vicki Fuller, Tourbillon Capital Partners Founder and Chief Investment Officer Jason Karp, and Illinois State Board of Investment Chairman Marc Levine talk with Bloomberg's Erik Schatzker at Bloomberg Invest New York about pension plans' pushback against hedge fund fees and what hedge funds should be doing to accommodate institutional clients. (Source: Bloomberg)
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