UK's USS ready to go direct

Fri Mar 6, 2009

Universities Superannuation Scheme (USS), the second-largest pension fund in the UK, will go direct rather than taking the fund of funds route as it looks to invest over $1.41 billion in hedge funds - believing that top institutional investors are now ahead of funds of funds in terms of being able to pick the best manager names.

Mike Powell, head of alternatives at USS, said: "Given...

ISSN: 2151-1845 / CDC10004H


The full contents of this article are available to active InvestHedge subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to InvestHedge.


Subscribers have unlimited access to all current content, including fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now

Popular Searches on HFI