CHOPPED: West Midlands Pension Fund Drops Hedge Funds

Posted on 02/03/2015

West Midlands Pension Fund is dumping its relatively small hedge fund program. The £10.1 pension fund is in the midst of selling its entire £200 million hedge fund allocation. The capital from the transaction will go to other under-allocated asset classes. The hedge fund allocation was endorsed by the fund’s former chief investment officer Judy […]