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USS hires Porter for in-house selection


Universities Superannuation Scheme (USS), the second largest UK pension fund, has hired Emily Porter for its planned move into hedge funds. Porter has joined as a portfolio manager for the absolute return strategies programme and will report to Mike Powell, head of alternative assets at Universities Superannuation Scheme.

Powell said, "Emily is the first of a number of hires we will be making in this area to build our in-house hedge fund selection capability.

Mike Powell

"We believe that the current turmoil in the hedge fund industry represents a compelling investment opportunity for investors like USS