Property remains the most popular 'alternative' asset class for global pension funds, ahead of private equity and hedge funds. Financial Times

A survey by Watson Wyatt and Global Investor magazine found that the 30 real estate managers most popular with pension funds hold $380bn (£190.7bn) of pension assets. In contrast, the top 30 private equity fund of funds managers hold $105bn of assets and the 30 leading funds of hedge fund operators around $80bn