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Outperformed by one and a half percent so its not uncommon for people to systematically out perform the h f r i wanted to mention the bad hedge funds, of course, were aware of the newsworthy items that madoff and longer than capital the 10 fraudulent hedge funds almost one hundred mroifldz the 10 largest Fraudulent Companies in the United States add up to one . 5 trillion so more than 15 percent times the size and the Hedge Fund Universe is 3 trillion and the u. S. Market is about 23 or 34 billion so the u. S. Equity market is 8 times the size of the hedge funds market but it has had 15 times ...

Happening we talked about the currency overlay it wasnt the same level of oh, i made a mistake i want to communicate fully those kinds of habits go a long way to get truth for the people that have the capital i want to discuss some of the comments by the unions that represent the members this was by terry that we have to trust the exerts let me give you a quote from jfk from the bay of pigs how could i have been so foolish to trust the experts we almost went to uniquely last year war so you tell meer the experts that was the whole problem with the bay of pigs everyone said hey, lets go so bewa...

The thing is my pension is guaranteed by the city not by the funding ratio the supplemental cola will do that but the city backs the promises in the charter i believe thats true of every City Employee a member of the system were trying to do something to knock out the drawdowns that occurred in 2008, and 2002 when we dropped blood two periods the discussion about the model of selection of managers it is one important document we must do we control that we must obsolete on and develop thats the guidelines we do that in the private equity if we dont state our guidelines thats where we will addre...

The bad hedge funds, of course, were aware of the newsworthy items that madoff and longer than capital the 10 fraudulent hedge funds almost one hundred mroifldz the 10 largest Fraudulent Companies in the United States add up to one . 5 trillion so more than 15 percent times the size and the Hedge Fund Universe is 3 trillion and the u. S. Market is about 23 or 34 billion so the u. S. Equity market is 8 times the size of the hedge funds market but it has had 15 times in terms of largescale frauds so you know we point to bad apples can be found anywhere it is important to bury through the transpa...

You take the sum of the managers returns and gifted and the managers meandered manager has outperformed by one and a half percent so its not uncommon for people to systematically out perform the h f r i wanted to mention the bad hedge funds, of course, were aware of the newsworthy items that madoff and longer than capital the 10 fraudulent hedge funds almost one hundred mroifldz the 10 largest Fraudulent Companies in the United States add up to one . 5 trillion so more than 15 percent times the size and the Hedge Fund Universe is 3 trillion and the u. S. Market is about 23 or 34 billion so the...