Clwyd Pension Fund hires SSgA to run £20m absolute returns mandate

Jonathan Stapleton
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Flintshire County Council has appointed State Street Global Advisors to run a £20m absolute return hedge fund of funds mandate on behalf of the Clwyd Pension Fund.

The new assets will be invested in the SSgA's SSARIS multi-manager absolute return strategy, an absolute return fund of hedge funds with a target return of 3% to 6% over US Treasury bills, per mark...

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Jonathan Stapleton
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