Wiltshire County Seeks Absolute-Return Manager

The Wiltshire County Council Superannuation Fund, Trowbridge, England, is looking to hire a minimum of one absolute-return manager to manage £100 million.

The Wiltshire County Council Superannuation Fund, Trowbridge, England, is looking to hire a minimum of one absolute-return manager to manage £100 million, Pensions & Investments reports. Advisory and management services specialist firm Hymans Robertson LLP is assisting in the search. The system is searching for multi-asset long-only managers targeting mainstream asset classes. It expects returns of 300 basis points above the London interbank offered rate over rolling three- to five-year cycles. The system is not interested in hedge funds and hedge funds of funds.

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