London Borough of Havering Pension Fund, Romford, England, invested about £101 million ($151 million) in a real-return strategy, according to borough council meeting minutes.
The £547.4 million pension fund allocated to Grantham Mayo van Otterloo’s global real-return fund in two tranches this year.
Further details were not available by press time. Executives at the pension fund could not be reached for comment by press time.