"Mainstreaming Derivatives".

• Author: Greifer, Nicholas
• Position: Abstract - Brief Article

Institutional Investor, August 1999, P. 160.

How many public and private pension systems use derivatives as part of their investment portfolio? It turns out that nearly 43 percent of survey respondents use them in their retirement plans. Nearly 70 percent have used them for longer than four years. The most frequently cited reasons for using derivatives include: hedging returns--51 percent; enhancing returns--27 percent; and tactical asset allocation--5 percent. By far the...