U.K. Universities Boosts Short-Term CTAs, Hedge Funds

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.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of