West Yorkshire Pension Fund, Bradford, England, selected five hedge funds of funds managers: Arden Asset Management, Aurum Funds, Credit Agricole Alternative Investment Products, Quellos Capital Management and Signet Capital Management. The £5 billion ($9.5 billion) fund will divide its 5% hedge fund-of-funds allocation among the managers over the next three to four years, confirmed Debra Hopkins, investment manager. Funding will come from cash. Individual portfolio sizes were not available, Ms. Hopkins said. Consultant Bfinance assisted.