UK - The £360m Bexley Council pension fund is considering re-jigging its asset allocation with first-time allocations to private equity and hedge funds on the back of its latest asset liability study.
The pension fund, which currently allocates 60% to equities and 40% to bonds, is planning to invest 2.5% or about 9m in both private equity and hedge funds, said Mike Ellsmore (pictured), assistant...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date