This leads to horrendous actual returns of less than 3 % annualized over a 20 - year period. (tenfactorialrocks.com)
Actual returns from hedge funds trail buy - and - hold returns by a significant margin. (alephblog.com)
The fund is struggling to match projected returns promised to employees and retirees with actual returns, and city services are already beginning to suffer as general revenue supports the fund. (laborpains.org)