UK - The £562.4m (US$988m) London Borough of Tower Hamlets Pension Fund has postponed a decision on investing in private equity as tough market conditions have seen the value of the fund fall by over £100m since the end of March, MandateWire reports.
The scheme's value has fallen significantly, from a figure of £684.8m as at 31 March 2008 to just over £562m as at 2 October 2008. Consequently it is holding off making any decisions to invest in p...
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