Deciding hedge fund allocations

Pension funds


Last year was the worst in US pension fund history. New York-based investment consultant Ryan Labs estimates aggregate US pension under-funding at 30.89% last year, worse than 2000’s record of 28.46%. This crisis of returns has prompted many pension funds to look beyond traditional asset classes, to hedge funds, for non-correlated investments that promise equity-like rates of return and the low volatility of bonds. But pension fund investors are unfamiliar with hedge funds. Many opt for symb