Newsquest Pension Scheme Allocates 10% of Assets to Funds of Hedge Funds

The trustees of the Newsquest Pension Scheme have selected the Stenham Universal Fund (a diversified multi-strategy fund of hedge funds) for an investment of £25m and Liongate Capital Management’s Multi-Strategy Fund for an investment of £15m. The allocation to the fund of hedge funds represents 10% of the market value of the Newsquest Pension Scheme. The decision to allocate to these funds of hedge funds was made as part of the pension scheme’s investment strategy of seeking diversification of assets and superior risk adjusted returns. Liability Solutions assisted the Newsquest trustees in the selection of Stenham and Liongate through a competitive tender process.


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