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USS IM cajoles hedge funds to behave better

As the hedge fund industry continues to attract institutional money, greater emphasis is being placed on corporate governance by investors who want to see more transparency around directorships

uss-awards
Daniel Summerfield (left) and Luke Dixon, USS

Not every institutional investor can claim to have had a profound impact on the evolution of the hedge fund industry. Arguably, USS Investment Management, the investment arm of the Universities Superannuation Scheme, is one.

USS is the second-largest pension scheme in the UK, with assets of more than $42 billion. The majority of assets are managed in-house by USS Investment Management, a wholly

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