{"id":3814,"date":"2006-01-06T00:00:00","date_gmt":"2006-01-06T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"new-hedge-fund-of-funds-opens-for-institutional-investors","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/01\/2006\/new-hedge-fund-of-funds-opens-for-institutional-investors.html","title":{"rendered":"New hedge fund of funds opens for institutional investors"},"content":{"rendered":"<p>  <span class=\"ArticleBodyText\">The \u00c3\u201a\u00c2\u00a3360m (\u00c3\u00a2\u00e2\u20ac\u0161\u00c2\u00ac525.5m) Bexley Council Pension Fund will launch a tendering process in the next week for its first private equity and hedge fund mandates amounting to 5%  of the scheme\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s assets.<\/span><\/p>\n<p>  <span class=\"ArticleBodyText\">The two fund of fund mandates will be split equally with a 2.5% investment in hedge funds and 2.5% ploughed into private equity.<\/span><\/p>\n<p>  <span class=\"ArticleBodyText\">According to a council spokesperson: \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cInterest has been shown following the Pensions Committee decision to tender for these mandates.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d<\/span><\/p>\n<p>  <span class=\"ArticleBodyText\">The decision to move away from the fund\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s initial 60\/40 equity\/bond split was prompted by an asset liability study conducted by Mercer last year.<\/span><\/p>\n<p>  <a href=\"http:\/\/www.pionline.com\/news.cms?newsId=3213\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The \u00c3\u201a\u00c2\u00a3360m (\u00c3\u00a2\u00e2\u20ac\u0161\u00c2\u00ac525.5m) Bexley Council Pension Fund will launch a tendering process in the next week for its first private equity and hedge fund mandates amounting to 5% of the scheme\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s assets. The two fund of fund mandates will be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3814","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3814"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3814\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}