IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-37019-8_7.html
   My bibliography  Save this book chapter

The “Smart Money” is Global

In: Understanding Alternative Investments

Author

Listed:
  • Stephen Todd Walker

Abstract

Large pensions have done quite well by adding alternative investments to equity and fixed income; big public pension funds with a total market value greater than $5 billion did well using alternative investments. Figure 6.1 is a performance chart of alternative investments (real estate, hedge funds, and private equity), equity, and fixed income, with annualized returns over ten years ended December 31, 2012. Over the past decade, the “Smart Money” increased returns with alternative investments. Pension plans continue to find merit with alternative investments and have increased allocations. Table 6.1 shows the top 200 pension plans in 2011 and how much they increased their exposure to alternative investments.

Suggested Citation

  • Stephen Todd Walker, 2014. "The “Smart Money” is Global," Palgrave Macmillan Books, in: Understanding Alternative Investments, chapter 6, pages 93-111, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-37019-8_7
    DOI: 10.1057/9781137370198_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-37019-8_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.