Pension Managers Still In Love With Alternative Investments

CNBC just beat me to the punch (I hate when that happens) on a post I was preparing to make on alternative investments. Citigroup put out some interesting notes from its recent survey of pension managers, who collectively manage over $1 trillion in assets.Here are some of the findings it contained:About 85% of pension managers will raise their allocation to alternative investments over the next 3 yearsWithin 3 years, private equity allocations will surpass both hedge fund and real estate allocationsAlmost 90% of pens[...]

Read More...

[Source: The Money Blogs]