Hedge-Fund Bet Hits Pensions - Wall Street Journal
companies from Ford Motor Co. to supermarket chain Kroger Co. have boosted their pension plans’ bets on hedge funds, a shift that left many of them on the short end of a stock-market rally. Large corporate pension funds have quadrupled the share of their portfolios invested in hedge funds over the past five years, according to an analysis of about 300 firms in the S&P 500 by Wilshire Consulting. Source: www.wsj.com
