Institutional Investors

Pension funds demanding greater transparency, PwC says

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Retirement plan sponsors are seeking more information on hedge fund operations in order to assess the total risk facing pension assets invested with these funds, according to a new report from PwC.

PwC, in the report Attracting Pension Plan Assets: What Alternative Investment Managers Need to Know, states that alternative investment managers must ramp up their disclosure of investment and operational risk factors and reassure sponsors about the steps they are taking to control and mitigate risk.

PwC identified nine major areas of risk that investors are interested in, which are: market risk, liquidity risk, valuation risk, operational