--Robert Murray
The University of Southampton Non-Academic Staff Pension Scheme looks likely to make a move into alternatives this year in the hope of boosting its returns. The U.K. scheme will evaluate a range of sub-classes before making any decisions, according to an official.
The scheme, which oversees a pension pot totalling just over $142 million, has been contemplating the introduction of alternatives since late last year. At present the portfolio consists of U.K. and overseas equity at 55%, with the remaining 45% split among gilts, bonds and property investments.
Consultant Barnett Waddingham & Co. will provide recommendations for the possible move into alternatives. The scheme’s internal investment committee would set final specifics for any mandates.
This article was originally published in Alternative Investment News.
