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Hedge Fund Returns Decline, New York State Retirement Fund Reports Negative Return
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Hedge fund returns continue to decline in October, with Citco reporting a weighted-average decline of 0.4% and PivotalPath reporting a 0.9% loss. The New York State Retirement Fund reported a negative 1.59% investment return for its fiscal second quarter, ending Sept. 30.
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How does the negative investment return of the New York State Retirement Fund impact its long-term strategy?
What are the potential implications of the declining returns for investors?
What factors contributed to the decline in hedge fund returns?
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