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
ASIC has warned that practices across the $200 billion private credit market are inconsistent and, in some cases, require serious improvement.
A surge in electricity prices has driven the monthly Consumer Price Index to its highest level in a year, exceeding forecasts.
Infrastructure well-positioned to hedge against global uncertainty, says investment chief.
The fund manager remains positive on the outlook for gold and believes ongoing market volatility will provide opportunities to acquire small-cap stocks in promising sectors.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
76.97 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
76.46 3 y p.a(%)
3
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
51.13 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
45.15 3 y p.a(%)
5
Select Baker steel Gold Institutional
43.78 3 y p.a(%)
