POWERED BY MOMENTUM MEDIA
Pension funds to increase weight of hedge fund exposure
A Barclays Capital report suggests that pension funds will increase the weight of their hedge fund exposure in their portfolios this year.
The report, which included market analysis and interviews with around 300 investors and 100 hedge fund managers, showed that pension funds and family offices are expected to be the most active allocators in 2009.
Pensions, which are traditionally one of the most conservative investor types, are now boosting their $437 billion hedge fund allocation as they look to balance assets and liabilities, according to the report.
Investors surveyed reportedly held an average of 14 per cent of their portfolios in cash, with nearly 80 per cent planning to reallocate during 2009.
Meanwhile, insurance companies, private banks, endowments and foundations are likely to decrease their allocations to hedge funds.
AUTHOR
Mike Taylor
Recommended for you
Economic growth was weaker than expected, once again highlighting an economy largely sustained by population growth and government spending.
In this latest edition, Anna Shelley, CIO at AMP, shares the fund’s approach to current market conditions and where it continues to uncover key opportunities.
The mega fund has announced a $2.2 billion investment in a leading data centre platform, bringing its global real assets portfolio to nearly $60 billion.
In this latest edition, Australian Retirement Trust’s head of global real assets Michael Weaver explains the fund’s approach to finding new opportunities as it surpasses $300 billion in funds under management.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X GlobalX FANG+ ETF
33.51 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.62 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
