The secret to investing in hedge funds: avoid almost all of them

This article covers the findings from a recent research report from Cambridge, “Hedge Fund-ing the Pension Deficit.” Joseph Marenda, a hedge fund specialist at Cambridge and author of the report, tells Business Insider that Cambridge is bullish on hedge funds, but the key is choosing the right one – only about 5% of the entire universe of hedge funds could be on a list of funds for institutional investors to consider. Read the article here.