Pension plans urged to take more risk
Risk managers should be helping pension plans add exposure safely, argues Jane Buchan, founder and chief executive of fund-of-hedge-funds firm Paamco
Pension plans need to take more risk to hit their return targets, a large fund-of-hedge-funds manager has warned.
Speaking at Risk USA in New York today, Jane Buchan, chief executive and co-founder of Pacific Alternative Asset Management Company (Paamco), said her firm regularly comes across instances in which pension portfolios are "under-risked" and could take more exposure. Paamco has 90 institutional investor clients.
"It's a huge problem right now. If you look out in the industry, you will
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