British Pension Funds Enhance Hedge Funds Allocation

British pension funds have enhanced allocation towards hedge funds to 5.2%, up from 4.5%, Purple 2013 data reveals. Pension funds’ equity allocation fell to 35.1% from 38.5% reported in 2012, while the proportion of gilts and fixed interest rose to 44.8% from 43.2%. Pension fund trend in asset allocation maintained The Pensions Universe Risk Profile (Purple Book) is a joint initiative by Pension Protection Fund and the Pensions Regulator which focuses on the risks faced by Defined Benefit pension schemes, predominantly in the private sector. Purple 2013 reveals a continuation of most of the trends witnessed in recent years: a…