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September 29, 2006
66% of Japan's Pension Funds put Money in Alt Investment Products
A survey by Daiwa Institute of Research reveals that 65.9 per cent of pension funds invest in hedge funds and other alternative investment products, up 9.9 percentage points from a year earlier.
The survey, which was conducted between May and June, puts the figure at more than 80 per cent when including those funds that are considering adding such products.
Hedge funds are by far the most popular choice among those that invest in alternative products, with 62.3 per cent including them in their portfolios, up 12.5 points from a year earlier. Around 70 per cent of their hedge fund holdings consist of fund-of-funds type products.
The survey targeted 1,298 corporate pension funds, mutual aid pensions and financial institutions nationwide. Of those, 405 returned valid responses .
-Nikkei-
Posted by su at September 29, 2006 4:20 PM