Mandates & RFPs

BlueCrest FoHF wins Camden mandate

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Camden Pension Fund, based in north London in the UK, has appointed BlueCrest Capital Management to run a mandate worth around $80 million, or 5% of assets. The scheme shortlisted five funds of funds with the aid of consultant Hymans Robertson: Aurum Funds, BlueCrest and Brevan Howard from the UK, and Blackstone Alternative Asset Management and Prisma capital Partners from the US.

After seeing presentations from all the candidates, the committee deemed itself impressed with the standard of product on offer and noted the strong performance of the HFRI benchmark index against the MSCI World over the past