Wednesday, 2 September 2015
Last updated 7 hours ago
Oct 31 2012 | 11:09am ET
One of Europe's largest pension managers is mulling a jump into hedge fund replication.
PGGM, which has €125 billion in assets, may add one or more replication programs to its portfolio, hedge fund chief Jan Soerensen told Investment & Pensions Europe. Soerensen cited the programs' liquidity and relative cheapness are big draws for PGGM.
Soerenson said that the firm's size and relationships with providers allow it to negotiate lower costs. "However, we are looking for other ways to improve the costs of implementing our hedge-fund strategy," he told IPE. "We are looking at trade-based replication of hedge fund beta, for example."
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…