[maxerickson]

The information should be available to them. If the fund does not have a sizable exposure to the particular company, it might only be as a statement in the prospectus that the fund can invest up to a certain amount in a certain type of company.

A flip side of this is that one of the many things that contributed to the housing bubble was the requirement that many pensions have to invest in bonds of a given rating. This helped fuel the market for rubber stamped mortgage derivatives.