•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

From the Hedge Funds World conference in Zurich: Graziano Lusenti, Managing Assiciate of Lusenti Partners LLC in Swiss Nyon, presented the findings of a survey completed in June 2004. The survey is available online in German and French: www.institutionalsurvey.ch

202 private and public pension funds with total assets in excess of CHF185bln took part in the survey. It appears some 39% of respondents currently use alternative investments already and a further 15% intend to use them in the near futures. 33% said they would continue NOT consider these investments in the future while 13% made no comments. For the whole sample, alternative investments still only account for a minimal proportion of total asset allocation – 3% - most of which (2.3%) being allocated to hedge funds. There was nor rush to alternative asset classes in the first half year and respondents indicated they do not foresee one in the second half. Public sector pension funds tend to invest more in alternatives than private sector funds.

Participants expect alternative investments to average the following returns over the next five years: private equity 7.9%, hedge funds 6.5%, commodities 4.5% and pricious metals 2.7%. Regarding hedge funds, Swiss institutions favour hedge fund of funds and a large diversity of investment styles and techniques in order to achieve best risk and return diversification. The key factor for investing in hedge funds ......................

To view our full article Click here