Pensions & Investments' Executive Editor Amy Resnick appeared on PBS' “Nightly Business Report produced by CNBC” to discuss CalPERS' decision to eliminate its hedge fund portfolio.
Ms. Resnick explained to NBR host Susie Gharib what impact the Sacramento-based $298 billion California Public Employees' Retirement System's decision will have on other pension funds and investors.
Watch the video below:
