UK - The British Coal Staff Superannuation Scheme (BCSSS) has doubled its allocation to alternative assets over the past year, with a plan to increase this to 20% of the fund's entire value, according to the latest BCSSS annual report.
The allocations were made by reductions of over £1bn in the scheme’s equities portfolios. This meant the allocation to Goldman Sachs Asst Management (GSAM) was reduced by £500m while Barclays G...
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