<span style="color:rgb(0, 0, 0); font-family:arial,helvetica,sans-serif; font-size:16px">Europe’s second-largest public pension fund has withdrawn all of its €4.2bn investment in </span><a href="http://www.ft.com/intl/topics/themes/Hedge_funds">hedge funds</a><span style="color:rgb(0, 0, 0); font-family:arial,helvetica,sans-serif; font-size:16px">, and issued a damning indictment of their performance, fees and “often limited concern for society and the environment”.</span>