Thursday, 24 July 2014
Last updated 11 min ago
Dec 23 2010 | 10:02am ET
The U.K.’s second-largest pension fund is dipping its toes into hedge fund seeding.
The £30 billion Universities Superannuation Scheme plans to invest in a seeding fund. It also hopes to co-invest with the seeder in the funds the latter invests in.
USS did not specify how much it would invest, but did say it would be a “pretty chunky ticket,” Financial News reports.
“Our intention is to implement improved governance, as a condition of our investment, aims to make a positive impact on the industry and for all investors,” USS absolute return strategist Luke Dixon said. “This is a vital consideration for us.”
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…