The €250 million pension fund for the Netherlands unit of global energy company, Total, may redeem from its only hedge fund investment later in 2011, HFMWeek reports. The Stichting Total Pensioenfonds Netherlands currently invests nearly 1% of its investment portfolio in a fund of hedge funds (FoHF) manager. The pension fund’s next investment review will take place in May 2011. In 2010, the Total pension fund outsourced its asset management to pensions’ provider, Blue Sky Group, following the retirement of its in-house asset manager.
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