Sign up for free newsletter

 

Gottex and Pioneer to oversee Dorset Council USD 80m allocation


Gottex Fund Management and Pioneer Alternative Investments will each oversee USD 40 million of hedge fund assets for UK's Dorset council.


Dorset local authority handles GBP 850 million of retirement funds for 37,000 workers.


According to a statement from Gottex, the council, on the south coast of England, reduced the money it had invested in a UK fund that tracks indexes and is run by its own managers. Dorset instead increased its bond and equity holdings, as well as switching money into hedge funds.


The USD 80 million hedge fund allocation is equally split between Gottex, which already manages USD 3.6 billion of hedge fund assets. and Pioneer Alternative Investments, a unit of UniCredito Italiano SpA.

events
2 days 23 hours from now - Dubai
2 days 23 hours from now - New York
4 days 23 hours from now - London
1 week 3 days from now - Luxembourg
listingsdirectory
RFA (Richard Fleischman & Associates)
Tue, 05/04/2016 - 14:25
Calastone
Mon, 29/02/2016 - 15:20
BRT SA
Mon, 12/10/2015 - 14:59
training
Mon, 16/05/2016   - London
specialreports
other gfm publications