CHANNEL ISLANDS - The £1.1bn (US$2bn) States of Jersey Public Employees Contributory Retirement Scheme (PECRS) has made a maiden property investment worth around £14m with an undisclosed manager, according to MandateWire.
In addition to the new property allocation, which was made last year, the fund has upped its equity investments by around £198m, bringing the total equity exposure of the scheme to 98% at the end o...
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