Flintshire County Council Clwyd Pension Fund, Mold, Wales, hired...

Flintshire County Council Clwyd Pension Fund, Mold, Wales, hired Pioneer Alternative Investments as its first hedge fund-of-funds manager, running £11 million ($19.4 million), said Delwyn Evans, spokesman. Assets came from restructuring the fund, but further details couldn't be learned. The £550 million scheme already is invested in a market-neutral fund, Mr. Evans said.