Thursday, October 30, 2008
NYC Mulling Hedge Funds, Infrastructure Plays
"New York City’s Comptroller William Thompson is reportedly mulling investing some of the city’s $100 billion pension fund into U.S. infrastructure funds and hedge funds."
Expect other pension fund managers to do the same.
Infrastructure will be the next big theme over the coming years. Investment made here will be like getting into commodities in 2002. You'll make a fortune in the right vehicles and companies.