BVK allocates nearly $2bn to managed accounts

Mon Apr 4, 2011

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Germany's largest public pension fund with more than $71 billion, Bayerische Versorgungskammer (BVK), is allocating to hedge funds directly and it has selected Man's managed account platform to run its investments. The German pension fund awarded Man a $1.7 billion managed account mandate last month.

Under the agreement, BVK will start allocating funds over the course of 2011. BVK will gain access to Man's managed account capabilities and the format...

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