Monday, June 18, 2007

Calpers OKs upping hedge, governance investments

(Reuters) - "The funds are doing really well," McKinley said. "We just
want to increase our opportunities."




Calpers currently has nearly $5 billion under management in
its hedge fund program and just over $5 billion in its
corporate governance program, which invests in underperforming
public companies to turn around their management.


Read more at Reuters.com Bonds News

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