Institutional Investors

Jaguar maps hedge fund course thanks to Towers Watson


The $3.2 billion Jaguar Pension Plan, based in the West Midlands in the UK, is understood to be pushing ahead with its first hedge fund investments, going direct with the help of Towers Watson.

In February, the Jaguar scheme shifted to a ‘delegated CIO’ relationship with Towers Watson after three years of working with the plan. Delegated chief investment officer relationships seem to be gaining traction in the UK as pension funds with small investment teams lean on the expertise of those that have traditionally been their manager selectors. Towers Watson already operates a