Friday, 30 January 2015
Last updated 15 hours 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…