In chapter two of our roundtable sponsored by Putnam Investments we ask a panel of experts where schemes should invest if they don't want to go down the hedge fund route.
Do alternatives really deliver what they promise?
Consultants have been accused of using an "accounting trick" to overstate the performance of alternative investments by about £5.1bn over the past decade across Local Government Pension Schemes (LGPS).
On Friday, we reported the multi-billion dollar Teachers Retirement System of Texas (TRS) had withdrawn its allocation to hedge funds. Professional Pensions was wrong - TRS has slightly reduced its allocation not withdrawn it.
Naomi Rainey looks at DC schemes’ growing interest in illiquid assets
Towers Watson has appointed Jeremy Spira to its investment business' Thinking Ahead Group.
The Church of England faces a backlash after its pensions board invested £60m with some of the world's largest hedge funds.
Hedge funds offering greater transparency via bespoke structures mean institutional clients can more readily model risk and reward to a sector they have previously shunned, Lyxor say.
Poor governance is a significant risk to hedge fund investments, USS co-head of responsible investment Daniel Summerfield told delegates.
Schemes are leading a global charge into hedge funds boosting sector size nearly 260% in the last decade, a global survey by Deutsche Bank reveals.