Saturday, 28 March 2015
Last updated 18 hours ago
Jul 5 2011 | 2:37pm ET
A new survey from Infovest21 says 60% of institutional investors surveyed see hedge funds as a possible solution to pension underfunding problems.
The Q2 2011 survey involved 32 institutions/consultants allocating to hedge funds or funds of funds.
Said Lois Peltz, president of Infovest21: "Institutional investors are primarily looking to hedge funds for non-correlated returns. Potential for higher returns, diversification, and downside protection were cited to a lesser extent."
The survey found the average institution allocated 29.2% to hedge funds and 11.4% to funds of funds. Over the next 12 months, the institutions expect their allocations to increase to 35.5% for hedge funds and 16.2% for funds of funds.
Roughly 50% of respondents have been allocating to hedge funds or funds of funds for more than 10 years.
Over 40% of the respondents said they are using equities to fund hedge funds. Fixed income and cash were each cited by almost 30%.
In terms of strategies, institutional investors were most fond of equity long/short and multi-strategy, although almost 40% of respondents said their view of the latter depended on the asset allocator.
Info21 says country-specific funds, activists, asset-based lending and mortgage-backed securities are out of favor while managed futures and distressed are getting a look-in for the first time by many institutional investors.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…