| 18.11.2004 Opalesque Exclusive: World bank to increase hedge fund allocation in 2005 |
| Matthias Knab reports from Geneva: Graeme Wheeler, VP and treasurer of the World Bank explained in a key note address at the GAIM Invest conference the hedge fund investment process of the bank and that in 2005 it will increase its $1.5bln hedge fund allocation. The World Bank is since 1981 invested in hedge funds and employs five highly specialised hedge fund professionals, all with a Ph.D. in fi |