GLOBAL - Nearly 18% of our respondents said they have tried recently to move their passive assets away from market-cap weighted indices.
The findings come as Dutch pension fund Stichting Pensioenfonds Stork hired Acadian Asset Management to run a managed volatility global equity portfolio as it looks to diversify its passive assets away from market-cap weighted indices. (Global Pensions, April 21, 2010)
Stork’s decision exemplifies a trend of investors looking at alternative forms of beta that blur the lines between active and passive.
But 82.4% of panelists still have not tried to diversify their passive assets away from market-cap weighted indices.
The Global Pensions 100 Panel was launched in July 2006 and every month asks pension funds two topical questions on events in the pensions industry.
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