London Borough of Enfield Pension Scheme issued an RFI for one or more managers to run a £25 million ($51 million) active pan-European real estate fund of funds portfolio, according to Paul Reddaway, head of treasury and pensions. The £550 million fund is dipping into ex-U.K. real estate for the first time to diversify its property portfolio, but current volatility in the property market may delay implementation. Funding will come from cash. Proposals are due Jan. 21. Further information can be obtained from investment consultant Hewitt, which is assisting.