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Soros Warns Public Pensions Against Investing In Hedge Funds

Soros Warns Public Pensions Against Investing In Hedge Funds

DAVOS, Switzerland — Another towering figure in the financial industry is warning major pension systems to beware of investing retiree money in hedge funds. During a Thursday meeting at the World Economic Forum, billionaire investor George Soros cited management fees charged by hedge funds in arguing that steering billions of dollars of public employees‘ money into…

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