Saturday, 27 December 2014
Last updated 3 days ago
Oct 15 2012 | 10:05am ET
A comparison of 26 public pension funds that allocate at least $1 billion to hedge funds found that the average allocation in FY2012 was 7.4% of total assets.
The report, from Infovest21, considers the aggregrated results for the pension funds for the past four fiscal years. It showed an increase in allocation to hedge funds from 6.5% in FY2009, but a decline in allocation to equities to 41.3% in FY2012 from 46.9% in 2009. The average allocation to fixed income also declined over the monitored period, from 25.9% in FY2009 to 21.8% in FY2012.
Allocations to other alternatives/private equity increased from 8.5% in FY2009 to 10.7% in FY2012. Real estate exposure fluctuated from 5.4% in FY2009 to 7.0% in 2011 and then dropped to 5.7% in FY2012.
Lois Peltz, president of Infovest21, said of the 26 large public pension funds tracked, 24 were based in the US and two in Canada. The sample included pensions that allocated at least $1 billion in assets to hedge funds/funds of funds and publish their asset allocation on at least an annual basis.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.