Insurers consider alternative route



Alternative investments are slowly creeping into Europe’s largest insurers’ investment portfolios. Since the late 1990s, European insurers have expanded the universe of instruments they invest in to include property, credit, structured products and, in some cases, private equity.

Now, an increasing number of investment officers are adding small amounts of hedge funds to their portfolios, mainly investing through funds of hedge funds. So far, allocations to hedge funds have been minimal. Euro