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Philadelphia finds more control and lower fees with hedge funds
Philadelphia puts its money into single-manager funds to get more control, better access & lower fees.
October 29, 2009
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 By Anastasia Donde At a time when many investors have been spooked by a high-profile Ponzi scheme, poor performance and the shakeout among hedge funds, the Philadelphia Public Employees Retirement System hasn't retreated from hedge funds. Instead, it has been trying to gain

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