Pension Funds Investing in Hedge Funds

Klunk, William

Library of Congress. Congressional Research Service.

关键词: Hedge funds;    Pension funds;    Finance;   

RP-ID  :  RS22679
RP-ID  :  RS22679_2007Jun15

美国|英语

来源: UNT Digital Library

【 摘 要 】

The proportion of U.S. corporate-defined benefit pension funds investing in hedge funds has increased to 24% in 2006, up from 19% in 2004 and 12% in 2000. Although statistics vary, total corporate pension fund assets allocated to hedge funds in 2006 was 2.1%. Because of hedge funds’ risky nature, rapid growth, lack of oversight, and recent losses, some wonder if they are appropriate investments for workers’ retirement funds. This report discusses concerns regarding hedge funds and examines possible policy options.