Pensions Increase Hedge Fund Partnership

Pensions Increase Hedge Fund Partnership by Managed Fund Association According to industry research provider Preqin, public pension funds have increased their hedge fund allocations from $190 billion to $208 billion in the year from May 2015 to May 2016. Globally, 1,155 pension plans are investing a total of $839 billion in the industry, Preqin found. Public pension funds, in particular, are among the industry’s most important investors, representing more than a quarter of the largest investors. This strengthening partnership is a strong testament to the relationship fund managers have built with their investors. Preqin’s recent data, covered by the Financial…