Sat, Dec 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Investments in hedge funds, alternatives push public pensions’ investment gains

Monday, August 11, 2014

Komfie Manalo, Opalesque Asia:

Public pensions in the U.S., including state and local government pensions posted the highest investment gains since 2011 as the stock markets improves, according to consulting firm Wilshire Associates Inc.

In a report, Businessweek said that data from the Santa Monica, California-based consulting company showed that government pensions registered a median rise of 16.9% from June 3013 to June 2014. It was the highest median posted by public pensions since they registered 21.2% three years ago.

The report added that public pensions with more than $1bn in assets reported the highest performance with 17.4% median because of higher allocations to private equity, hedge funds and other alternative assets.

Wilshire managing director Robert Waid was quoted as saying, "Alternatives outperformed the non-U.S. equity asset class. Larger public plans are more likely to have more exposure to alternatives." He added that smaller public pensions from the state and local government have invested their funds more to less risky U.S. bonds which explained the lower performance.

At the same time, Wilshire Consulting, the institutional investment advisory and outsourced - CIO business unit of Wilshire Associates, said that the ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  5. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und