September 29, 2016 / 1:37 AM / 10 months ago

BRIEF-General Treasurer of Rhode Island announces 'Back to Basics' plan to strengthen pension fund

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Sept 28 (Reuters) -

* General Treasurer of the state of Rhode Island says the state will reduce its investment in hedge fund strategies by more than $500 million over the next two years

* General Treasurer of the state of Rhode Island says the state will also reallocate these funds to more traditional asset classes Source text for Eikon:

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