Having complained for years about hedge funds’ high fees and lackluster performance, insurance firms may be preparing to cut allocations...
hedge funds underperform News
XL Group Ltd., the insurer with about $38 billion of investments, is reducing its exposure to hedge funds, Chief Executive...
Insurers have had about enough of hedge funds. Stung by market-trailing returns, the insurance industry in the U.S. is reversing...
Warren Buffett’s biggest investment tip: Be wary of fees. At the annual meeting of his Berkshire Hathaway Inc., the billionaire...