Cumbria to invest 10% of assets into BlackRock alternatives portfolio
THE £1.2BN Cumbria Local Government Pension Scheme is to invest up to 10pc of its assets into a tailored portfolio of alternatives assembled and managed by BlackRock.
The scheme said the fund of alternative would include private equity, global (ex-UK) property, funds of hedge funds, single strategy hedge funds, global tactical asset allocation (GTAA), commodities, infrastructure,...
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