UTIMCO Could Lower Allocation to Hedge Funds
Posted on 07/25/2016
As annual returns are getting publicly posted by long-term institutional investors, many investment boards are frustrated with their hedge fund portfolios. The board of University of Texas Investment Management Co. (UTIMCO) approved a new asset allocation model for fiscal year 2017, which starts on September 1, 2016. However, the model must be approved by University […]
