London Borough of Enfield Pension Scheme is considering investing in active pan-European real estate funds of funds, which would be the £550 million ($1.1 billion) funds first non-U.K. real estate investment, according to Paul Reddaway, head of treasury and pensions. However, current volatility in the property market may delay implementation. The fund is looking for information from real estate fund-of-funds managers. If approved, funding would come from cash. Hewitt is assisting.