Copying and distributing are prohibited without permission of the publisher
News analysis
13 September 2007
A baby boom in hedge funds
Read more:
hedge funds
pension funds
baby boomers
financial accounting standards board
deficit
As the brunt of the 1940s and 50s US baby boomers reach their sixties and begin to retire, the hit to the workforce is furrowing brows in government, company boards, and pension funds. But the firms of one growing sector have cause to smile, those of the hedge fund industry.
As pension funds feel the pressure of paying out to the rising wave of retirees, they need to find higher returns from non-correlated investments to control their deficits. This has created a big push for pension fund investment in hedge funds, one that will grow considerably over the coming years.
Of the FTSE 100 companies, 95 have different benefit schemes, of which the majority are in deficit. And with recent amendments to Financial Accounting Standards Board rules that require pension funds to report their deficit on the balance sheet, and not...
Access to this content is denied because you are not logged in. Please login to view this content
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
