Pensions keen to maintain hedge fund allocation

Pensions see value in hedge funds despite Calpers's exit


When the California Public Employees’ Retirement System (Calpers) decided to divest its entire hedge fund allocation, news outlets quickly emphasised its bellwether status among pension funds, implying that others would follow its lead. Several public pension funds were quoted expressing an intention to review their allocations to hedge funds, but the predicted stampede of redemptions has not materialised. Pension funds, usually a collectively cautious set of investors who often follow the moves

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: