Striking a balance

Asia’s pension firms are beginning to allocate money to hedge funds, potentially opening up billions of dollars to hedge fund managers. But the level of disclosure required by pension firms could prove a sticking point. Saima Farooqi reports

Asia’s pension funds appear to be warming to the idea of hedge fund investments, with a small but growing number of pension firms deciding to allocate funds into alternative asset classes. That’s good news for hedge fund managers, with billions of dollars in Asian pension money potentially up for grabs. But with pension firms under a fiduciary duty to fully analyse investments, it could also spark a debate on the level of hedge fund disclosure and raise the question of just how far hedge fund