May 26, 2006
Pension funds to invest in European hedge fund market
Mercer Investment Consulting, which surveyed more than 570 European pension funds with $364bn under management found that some 13% of continental European and Irish pension funds invest in hedge funds. This was almost double the number in the UK. Hedgeco.net reports:
“In the UK, 7% of funds invest in hedge funds, spending 6.9% of their assets on average,” Mercer said.
Read more: Pension Funds to Invest in European Hedge Fund Growth
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