The first step is knowing that independent resources
are out there
For many institutional investors, hedge funds are a
relatively new investment vehicle, so relevant guidance on how
to navigate this rapidly-changing market is at a premium, says
Niki Natarajan, editor of InvestHedge
What used to be a simple decision about
investing directly or via funds of funds is clearly a much more
complex exercise these days. Like everything in life, the
consumers are bombarded with a lot of choice and often little
in terms of support.
Today, the worlds 300-largest pension funds now run
some $10 trillion, according to Watson Wyatt. In reality this
is only the tip of the institutional asset iceberg, which
includes endowments, public funds globally, insurance assets,
charity funds, as well as pools of managed corporate and
government funds, including central bank reserves.
If each pension fund were to allocate an average of...