IPE.com – UK – Around one in five large UK pension funds have some exposure to hedge funds, the National Association of Pension Funds says.
The NAPF’s annual survey – which asked about hedge funds for the first time due to its topicality – found that around 20% have some form of investment in the asset class.
And a “significant minority†had increased their allocation, a spokesman said – adding that none of the schemes who responded had decreased their allocation.
He cited anecdotal evidence that it’s the bigger schemes, that have both the human and financial resources to invest in hedge funds, with smaller funds less able or willing.
The NAPF surveyed 420 funds.
