Boston – The largest U.S. public funds are investing less than 1 percent of the $2.4 trillion they manage in hedge funds, suggesting that conservative investors are not fully comfortable with these loosely regulated funds.
A new survey released on Tuesday shows that the 50 biggest U.S. pension funds have invested only 2 percent of their assets in hedge funds. Less than half of the 50 biggest funds are using these funds at all, according to data released by InvestHedge.
