Cable & Wireless moves towards hedge funds

HFM Week – The $3.23bn Cable & Wireless Superannuation Fund is looking to increase hedge fund allocations as it moves to diversify away from traditional equities allocations, HFMWeek can exclusively reveal.

The pension scheme, which has nearly 25,000 members, currently allocates 15% of its portfolio to alternative investments; around half of this is invested directly into hedge funds.

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