Pension scheme managers drawn to hedge funds

PIPS

Research from Pioneer suggests one sixth of leading UK pension funds are already hedge fund investors, while a further third are actively considering investing in the asset class

Hedge funds, and particularly funds of hedge funds, are increasingly attracting the attention of pension fund managers and their investors' money. Our research suggests one sixth of leading UK funds are already hedge fund investors and a third are actively considering investment in this asset class. The stated goal of this group was primarily to avoid the investment losses sustained between 1999 and 2003, with most funds looking for enhanced performance. That said, the more conservative/diversified approach to investment is the one pension funds have always preferred, which is undoubtedly...