Pension scheme interest in alternatives rises prompting need for advice

A survey of 750 delegates at its annual conference highlighted the increasing willingness of trustees and pension professionals to diversify into new asset classes. Aon Hewitt global investment practice partner Tim Giles said: "In the current hostile market environment, pension schemes are examining every opportunity to balance risk and reward in their investment strategy." The study findings reflected prior research from the consultancy which found 36% of schemes expected to increase their allocation to alternatives over the next year. Giles added: "These seem to be taking various...