Nottinghamshire scheme backs Kames commercial property tracker fund

Kames Capital has received a £22 million ($28 million) mandate from Nottinghamshire County Council Pension Fund to invest in its Kames Active Beta Property Fund, the first commercial property tracker fund exclusively for U.K. pension schemes.

“Investing in the Kames Active Beta Property Fund enabled us to quickly raise our weighting to U.K. commercial property and achieve immediate diversification without the additional governance time associated with appointing more fund managers,” said Tamsin Rabbitts, senior accountant, pensions & treasury management at Nottinghamshire County Council Pension Fund.

The Kames Active Beta Property Fund, run by its Indirect Property Team, utilizes an innovative strategy enabling pension schemes to track property market returns with carefully controlled levels of risk by investing in a wide range of underlying property funds.

“We are pleased Nottinghamshire County Council has chosen to invest in the Kames Active Beta Pr