02-23-2005, 08:31 PM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by hira</i>
<br />hi DT will you help me on that topic HEDGNG OF PENSION FUND
give your opnion on that.. waiting 4 your reply
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Hira,
I started my research by looking into different asset classes past performances. Some of the classes that I used were UK equities, International hedged equities, gold, convertibles, non-traditional investments etc.
I think alot of data is readily available on net. Just look into various places.
My conclusion however was that for long term liabilities, equities are best, especially if there is some mean reverting statistical significance.
For smaller term horizon liabilities, bonds should be okey.
Gold exposure helps if your fund is under-funded. Otherwise, alot of volatility in Gold doesnt add much diversification.
Let me know if I could be of any more help.
<br />hi DT will you help me on that topic HEDGNG OF PENSION FUND
give your opnion on that.. waiting 4 your reply
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Hira,
I started my research by looking into different asset classes past performances. Some of the classes that I used were UK equities, International hedged equities, gold, convertibles, non-traditional investments etc.
I think alot of data is readily available on net. Just look into various places.
My conclusion however was that for long term liabilities, equities are best, especially if there is some mean reverting statistical significance.
For smaller term horizon liabilities, bonds should be okey.
Gold exposure helps if your fund is under-funded. Otherwise, alot of volatility in Gold doesnt add much diversification.
Let me know if I could be of any more help.
