The hedge fund industry could be the saviour of pension funds and in the process grow five or even 10 times larger than it is today, according to Cern Pension Fund CEO Theodore Economou. He says the way forward is for pension funds to use the same sophisticated risk management tools used by the best macro hedge funds to lower volatility and achieve better returns.
What to many will sound like a radical proposal was a direct response to the aftermath of the financial crisis. Before 2008 the Cern P
The week on Risk.net, December 9–15 2017Receive this by email