Northamptonshire Pension Mulls Hedge Move

Nov 29 2010 | 9:35am ET

The Northamptonshire County Council's pension fund is taking a hard look at its portfolio, and hedge funds could prove one big beneficiary of that review.

The British pension, which has US$1.1 billion in assets under management, may boost its hedge fund allocation to 5%, HFMWeek reports. The pension currently has 3% of its portfolio invested with fund of hedge funds Fauchier Partners; accountant Paul Tysoe said that Fauchier would receive any new hedge fund allocations that Northamptonshire chooses to make.

"The question we ask is, 'Are we happy [with the asset class]?'" Tysoe told HFMWeek. "If we are, then we have to think about why we aren't allocating 5%."

Northamptonshire used to do just that, but redeemed its investment with Partners Group earlier this year.

Tysoe noted that no decisions have yet been made about any reallocation.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note