The Superannuation Arrangements of the University of London (SAUL) is looking to broaden its exposure to credit managers as it continues to push ahead with its hedge fund investment programme.
A recent strategic review highlighted opportunities in the credit sector and SAUL will look to increase its holdings in this area over the next 12 to 18 months.
SAUL, which is profiled in depth on pages 10-13, has total assets of $2.6 billion and currently has between 6% and 7% invested in hedge funds. Its longer-term target allocation is 10%.
Having begun hedge fund investing via a fund