Shell UK scheme eyes alternatives for first time allocation

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UK - The £10.6bn (US$16.8bn) Shell Contributory Pension Fund is set to invest 5% of its portfolio in hedge funds and other alternatives for the first time, a trustee newsletter revealed.

The trustee of the oil company's UK scheme said following the 2009 investment strategy review it was considering an allocation to "for example, well-chosen hedge funds" which could can provide "div...

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