Institutional Investors are Delusional
I was skimming this recent publication from BNY Mellon and FT remark when a particular graphic caught my eye. Below is a survey from 400+ real money institutional respondents (we’re talking endowments, pension funds, insurance companies, and sovereign wealth funds). This is their estimate of the net returns they will receive from their hedge funds: 1% … Continue reading Institutional Investors are Delusional
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