Pedagogues’ pension scheme provides hedge fund lessons

Dow Jones – Roger Gray became chief investment officer of the Universities Superannuation Scheme, the UK pensions fund for employees in higher education, two years ago. Here, he talks about the scheme’s strategy.

Financial News: What are your scheme’s statistics?
Roger Gray: We have 290,000 members, our assets under management were £32.4bn at March 2011. We have 92 staff, of whom 53 are portfolio managers and investment analysts.

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