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...
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