25.03.2011 - NJ Pensions enjoy 15pct gains; higher alt allocations
Alternatives have enjoyed heightened popularity among institutional investors. According to a recent report by Preqin, sovereign wealth fund assets have swelled 11% in the past 12 months to about $4 trillion, fueled largely by intensified alternative investment programs. “Following global economic stabilization, many sovereign wealth funds that had delayed plans to diversify their holdings as a result of the economic downturn have now resumed these plans," Sam Meakin, Managing Editor of the 2011 Preqin Sovereign Wealth Fund Review, said in a release..............................................Full Article: Source
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