SAN ANTONIO – Defined contribution plans have been slow to move into alternative investments but many of the nation's largest pension funds are investing billions of dollars in alts and so should you.
That, at least, is how Gene Huxhold, senior managing director of John Hancock Investments, and Steve Medina, co-head of global asset location at John Hancock Asset Management, feel about alternatives.
"Alts are not synonymous with risk … and alts can be an option to reduce volatility," Huxhold said at the start of a presentation Tuesday at the Center for Due Diligence conference. "They're not complicated, and they're appropriate for a DC plan."
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