| 17.10.2006 Opalesque Exclusive : German Insurance company aims at 2% hedge fund allocation, to search strategies with low equity correlation |
| German insurance company WWK is planning to include hedge funds and private equity for diversification benefits. The firm’s assets, including EUR5.4bln from its life insurance unit, stand at EUR13bln. Finance head Karl Ruffing said that for the next two coming years, hedge funds may reach a 2% allocation. « We want to filter out hedge fund strategies that have the least possible correlation with |