No More Hedge Fund Secrets

Berkshire Pension Fund’s Nick Greenwood to invest in hedge funds via managed-account platform.


Nick Greenwood, pension fund manager of the Royal County of Berkshire Pension Fund, was at a difficult crossroads last June. The U.K. system was in the midst of a scheduled asset allocation revamp, and although he believed strongly that a foray into hedge funds would be prudent, he suspected that Berkshire’s “cautious and risk-averse” trustees would resist.

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