Avon To Review HF Investments

The Avon Pension Fund Investment Panel will review its strategic allocations to hedge funds.

The Avon Pension Fund Investment Panel will review its strategic allocations to hedge funds, HFMWeek reports. The assessment is due to be conducted in March 2011 by the £2.2 billion pension fund.The pension fund for the employees of Bath and North East Somerset Council allotted 10% to Gottex, Signet, Stenham Advisors, Lyster Watson and Man Group. Avon, which started investing in hedge funds in 2007, assessed the Man and Gottex investments in November last year.

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