Getting Over It
Hedge Funds and plan sponsors seek ways to cross the dividing line.

Hedge fund managers and pension funds don’t always see eye to eye. Investors have been kicking the proverbial tires of these alternative strategies for years, but the uptake has been slow, even during the leanest years of poor
equity market returns. What’s holding pension funds back?

In this special report, we take a close look at the great divide that seems to be holding plan sponsors back from fully embracing the alternative universe of hedge funds. Authors raise interesting questions about the specific needs of plan sponsors and the ability of hedge fund managers to meet their unique demands. They also posit whether replication strategies could be the answer to finally bridging the hedge fund/pension gap.

We also present new data on hedge funds in Canada. As the industry evolves, how does Canada rank when it comes
to its global peers? And are hedge funds making headway among Canadian investors?

Part 1 - Two Solitudes
By Tristram lett and Christopher Holt

Part 2 - The Alpha-Beta Divide
By Andrew W. Lo

Part 3 - Coming of Age
By Les Marton and Nicola Ray Smith

For a pdf version of these stories, click here.