George Obenhofer , senior practice consultant at Frank Russell Co. also predicted growth in hedge fund investing by pension funds , a growth he attributed to the quest for returns higher than traditional money managers can provide
is an investment management consultant in Tacoma , Wash.
Mr. Obenhofer's work has been centered on developing an analytical case for the use of hedge funds.He
is focused mainly on return patterns for hedge funds using Russell data as well as third-party information.
So far , a small percentage of Russell clients are investing in hedge funds.
Most pension funds shy away from hedge funds because of their fee structure , lack of transparency and limited capacity , Mr. Obenhofer