Friday, 3 July 2015
Last updated 1 hour ago
Nov 15 2010 | 4:15am ET
The U.K. universities pension fund has increased—and plans to continue to increase—its investments with algorithmic-trading hedge funds.
The Universities Superannuation Scheme has poured more assets into short-term commodity trading advisers, Reuters reports, and plans to increase its investments in the space even further. Luke Dixon, an absolute return portfolio manager at the £30 billion pension, said the new investments “should help us in highly volatile markets.”
USS began investing in hedge funds last year and has invested £950 million with 15 managers. The pension plans to more than triple that figure over the next five years, adding £2 billion.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…