Saturday, 30 August 2014
Last updated 1 day 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...