New story from Market Watch published by Daniel Pleasant July 12, 2010
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Pension Funds Allocate Across the Breadth of Alternative Assets, According to Towers Watson
Alternative assets under management (AuM) on behalf of pension funds(1) by the world's largest alternative investment managers remained unchanged in 2009 compared to the year before at US$817 billion, according to research produced by global professional services company Towers Watson /quotes/comstock/13*!tw/quotes/nls/tw (TW 40.63, +0.24, +0.59%) in conjunction with the Financial Times. The research also shows that around half of all assets managed by these alternative investment managers are managed on behalf of pension funds. The Global Alternatives Survey covers five alternatives asset classes: real estate; private equity fund of funds (PEFoF); fund of hedge funds (FoHF); infrastructure and commodities and includes rankings of the top managers in each area. More: http://tinyurl.com/talentmanagement421