Institutional Investors

Church of England selects Winton, Bridgewater and BlackRock

by

Canterbury Cathedral
The Church of England Pensions Board –which manages the pension assets of those who have worked for the Church – has made its first foray into hedge funds. The scheme has invested roughly 6% of its $1.58 billion Return Seeking Pool of assets in global tactical asset allocation mandates run by Winton Capital, Bridgewater Associates and BlackRock Advisors.

The plan looked to invest in broad mandates based on its own research that indicated that the range of returns at the individual fund level is very broad, and that in general hedge funds investing