There is too much trend following and too little intellectual irritation in pension management, according to Keith Ambachtsheer, principal of KPA Advisory Services. (more…)

The tide may be turning for private equity investments, with 73 per cent of investors planning to make new private equity commitments in 2012, according to a global survey of 100 institutional investors by Preqin. (more…)

Hedge fund investors should focus on a few exceptional managers and keep allocations to just 1 or 2 per cent of a diversified portfolio, according to the former head of JP Morgan’s hedge fund seeding operations, Simon Lack. (more…)

A study into the workings of the UK stock market has found that its liquidity is reduced by high-frequency trading, raising concerns that Europe’s biggest equity market is not as deep as once thought. (more…)

Large investors with more than $1 billion allocated to hedge funds plan to maintain or increase their exposure in 2012, a Preqin study has found. (more…)

About 20 per cent of an institutional investors’ hedge fund exposure should be allocated to “divergent” strategies, according to Rob Covino, senior vice president of SSARIS, which has been managing absolute return strategies for 30 years. (more…)