KPMG: 31% of pension funds assets in alternatives

Date: Friday, February 29, 2008
Author: Asian Investor.net

The demand among pension funds around the world is a major factor behind the blurring of alternative and traditional investment managers, says KPMG.

Alternative investments now account for 31% of pension funds’ asset allocation, says KMPG, but the bulk of this is still managed by traditional long-only fund management companies.

This demand among pension funds for diversification and absolute returns is a major driver of convergence between long-only and alternative fund managers, with firms adopting strategies usually associated with the other.