British Pensions Increase Hedge Fund Investments

Nov 6 2013 | 10:34am ET

British corporate pensions added billions of pounds to their hedge fund investments last year, according to a new report.

U.K. pension schemes had £58.2 billion invested in hedge funds at the end of March, according to the Pension Protection Fund, a government agency. That's £12 billion more than the at the end of March 2012.

The report does not indicate how much of the increase was due to inflows, and how much to performance. But with hedge funds gaining in the mid-single digits last year, a substantial amount of the gain is likely new capital.

All told, British corporate pensions now entrust 5.2% of their £1.1 trillion in asets to hedge funds.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of