The London Pension Fund Authority (LPFA) has pulled out of Brevan Howard, redeeming its entire investment in the world's third largest hedge fund.
The LPFA made the decision after Brevan Howard refused to provide a detailed breakdown of its trading positions, the Financial Times reports. The organisation made a request to Brevan Howard las...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
