European pension funds are a motley bunch, varying in size, structure and investment strategy. Despite sharing many characteristics with other large institutional investors, a one size fits all approach by hedge funds to attracting their capital is ill-advised.
While European pension funds used to champion the fund of hedge funds (FoHF) universe, many now argue that FoHFs have fallen from grace following the financial crisis and the Madoff fraud.
Richard Dowell, head of clients at Cardano, comment
The week on Risk.net, December 9–15 2017Receive this by email