Institutional Investors

Dorset Pension Fund reviews funds of funds performance


Fund of funds’ performance continues to be under scrutiny as institutional investors conduct their scheduled reviews. While pension fund chiefs are taking a measured view, many flag up concerns about the disappointing return profile they have seen from some of their holdings.

The $2.5 billion Dorset County Pension Fund is to conduct a full review later this year of its hedge fund portfolio. At its most recent meeting in February, the investment committee noted that hedge funds had been the most disappointing area of its portfolio.

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