Reuters – Britain’s 30 billion pound ($44.47 billion) universities pension fund, USS, has begun investing in short-term, computer-driven hedge funds in an effort to achieve growth in turbulent markets, its head of alternative investments said.
“We’ve accelerated our short-term CTA (commodity trading advisers) programme. We have continued concerns about the market environment,” Mike Powell said in an interview on the sidelines of the GAIM hedge fund conference in Monaco.
