Devonport Royal Dockyard Ltd. Pension Scheme , Plymouth, England, sold...

Devonport Royal Dockyard Ltd. Pension Scheme, Plymouth, England, sold all its direct property holdings, raising £30 million ($43.2 million); the money will be added to its existing equity holdings, said Neil Skinner, pensions manager and secretary. The £680 million plan directed CB Hillier Parker Investors to sell the properties last year after plan officials dropped manager Royal London Asset Management. The property investment was 5% of total assets.