According to a Mercer Investment Consulting study - 1/3 of pension funds invest in hedge funds. But are they safe investments? On today’s Street Signs Erin Burnett put that question to Damon Silvers, Associate General Counsel with the AFL-CIO and Cynthia Steer, Managing Director and Chief Research Strategist with CRA Rogers Casey.
Hedge funds are heading into a rough few weeks. Many funds are looking at some pretty average returns this year--and if that's not bad enough--the industry faces U.S. Congressional hearings starting tomorrow on regulations and insider trading. William Galvin is Secretary of the Commonwealth of Massachusetts...
Stay tuned for "Street Signs" today when we cover the story of global hedge funds now controlling some $2 trillion. The guests are Richard Blumenthal--Connecticut's Attorney General and David Friedland who is President of the Hedge Fund Association.