United Nations PRI guidelines issued for HFs


The UN-backed Principles of Responsible Investment (PRI) initiative has issued a discussion paper on hedge funds to help investors better understand the risks associated with particular hedge fund strategies and instruments and the implications these may have on performance.

The paper was produced in response to growing interest from PRI signatories of which 137 already have some exposure to hedge fund investments, including 74 asset owners.

The paper was prepared by the PRI Hedge Funds Working Group, with input from representatives from the following organisations: Albourne Partners, APG, BT Pension Scheme, Church of England National Investing