East Riding pension fund ups alts allocation

The pension fund also acknowledges the attraction of various alternatives income-focused strategies.

The East Riding of Yorkshire County Council Pension Fund is planning on upping its allocation to alternative investments, according to the agenda for its most recent committee meeting.

The fund’s strategic allocation to alternatives in 2016 was aimed at being 14 percent of its assets under management. The agenda notes the pension fund exceeded the upper limit of this targeted allocation due to new investments, capital appreciation and currency movements.

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