Worcestershire County Pension commits £20m

Worcestershire County Council Pension Fund committed £20 million to AEW’s UK Real Return Fund.

The £86 million open-ended fund, which targets assets in the less cyclical areas and demographically driven sectors, has deployed half of its capital to two residential care homes.

The fund delivered a nominal total return of 9.9 percent for the 12-month period to end September 2017 and aims at a real total return of four percent.

Platinum subscribers may click here for the pension fund’s full profile, including key contacts, allocation strategy and fund investments.