The Royal Borough of Kingston upon Thames Pension Fund is considering its first move into alternatives. It may make allocation changes next year following a review, which will be conducted after an actuarial valuation expected to conclude by the end of this year.
The £286 million ($424 million) fund invests 70% in equity and the remaining 30% in bonds, property and cash. The scheme is advised by Mercer.
This article was originally published in Alternative Investment News.