Pension schemes up non-traditional assets

The consultant's European Asset Allocation Survey found 35% of UK schemes expected to introduce new investment classes into their portfolio to help manage future investment risk. Findings showed UK schemes favoured hedge funds, GTAA and active currency. The survey found over 50% more UK schemes have allocated to these asset classes in the last year. The survey also found the reduction in benchmark allocations to equities in markets with traditionally high exposures was accelerated by last year's market turmoil. In the UK the allocation fell from 58% in 2008 to 54% in 2009 and in Ireland...