A major British pension fund is mulling its first-ever allocation to hedge funds.

Royal Dutch Shell Group’s pension plan approved a new investment strategy this summer that will double its allocation to alternative investments to 10%. Currently, the £10.6 billion (US$16.8 billion) plan invests 5% of its assets in private equity, but the new allocation could be put towards hedge, infrastructure and commodity funds, The Wall Street Journal reports.

Shell first began considering hedge funds last year, its board noting that “well-chosen hedge funds can provide diversification benefits for the fund in volatile markets.”