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Clwyd Fund Awards Two HF Mandates
The Clwyd Pension Fund has committed an additional 8% to hedge fund strategies.
TheClwyd Pension Fundhas committed an additional 8% to hedge fund strategies,HFMWeekreports. TheFlintshire County Councilfund has awarded a 3% macro tactical asset allocation mandate toBlueCrestand a 5% long/short equity mandate to二重唱.
The new allocations will not be included in the $1.6 billion fund’s hedge fund portfolio, but in global equities and tactical asset allocation. Clwyd has already invested 5% with two funds of hedge funds,LiongateCapital ManagementandSSARIS.
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