Deutche Bank Says CalPERS Not Impacting Hedge Fund Allocations
Deutche Bank prime brrokerage notes that hedge funds have been engaged in “extreme protection buying in equities” and said that the recent exit from hedge funds by CalPERS “has no bearing on most investors commitment to the industry.”
After speaking with the institutional investor community regarding their commitment to maintain their hedge fund allocations, Deutche Bank’s Capital Introductions group reports this positive message that it says was bolstered by recent meetings with Canadian pensions and global insurance companies throughout the month, while a trip to Munich indicated an . . .
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