Asset Allocation
Hedge Fund Losses Accelerate During Second Quarter
The trend of net inflows ends after more than a year.
The trend of net inflows ends after more than a year.
Equities provide the main profit driver for the $181 billion fund.
Board approves up to $700 million in private equity, multi-strategy real estate commitments.
Strong performances from all major asset classes leads to seventh quarter in a row of positive gains.
Only $4 billion raised in Q2, with record $19 billion raised in Q1 likely eating into demand.