Pension Funds Insider – Two apparently contradictory items of news were released at the end of January – on the one hand it was reported that hedge funds’ saw their second worst year ever and on the other we read that a new survey shows pension funds’ are still eager to increase their hedge fund holdings.
Meanwhile, the trickle of negative headlines surrounding hedge funds since the onset of the financial crisis shows no sign of abating. From scathing books to problems with illiquid assets, hedge funds are still many outsiders’ bete noire.