A US Department of Labor advisory body has revisited the issue
of pension plan investments in hedge funds in 2011, but a full
report on the subject is expected this year.
Both the Government Accountability Office (GAO) and the US
Department of Labor advisory body have recommended that the
department publish guidance for plans that invest in
alternatives. This has yet to happen, but that is in part
because of a concern over the lack of uniformity among such
In its latest report, the...