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Funds
UK pension fund invests in credit and bond fund
Monday, August 9, 2010
A London-based asset manager has secured a £74 million ($118 million) investment from a UK pension fund. Lincolnshire Pension Fund has invested in the Target Return fund, a multi-manager Ucits III fund which includes a large allocation to credit strategies. The fund is managed by Goodhart Partners, a firm set up in 2009 as a buy-out of a business that was previously part of WestLB Mellon Asset Management.
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CFlux secondary
CLO index levels:
| Index | 6 Feb |
|
| CFlux USD AAA | ↑ | 94.9 |
| CFlux USD AA | ↓ | 81.3 |
| CFlux USD A | ↓ | 75.0 |
| CFlux USD BBB | ↑ | 74.8 |
| CFlux USD BB | ↑ |
72.1 |
| CFlux USD EQ | ↑ | 67.6 |
