Pension funds pour US$62bn into alternatives

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GLOBAL - Pension funds across the globe poured more than US$62bn into alternatives in 2004 with property being the most popular asset class, according to new research from Watson Wyatt.

Almost half the total investment in alternatives went into property (US$30bn) while US$17bn was in private equity and US$16bn in fund of hedge funds (FoHFs). A breakdown of the alternative assets ...

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