Labour Union Cooperative Retirement Fund (LUCRF) has committed $165 million to two funds of Dimensional, I&T News reports. Dimensional’s Australian value fund will receive $115 million, while its global small cap fund will get $50 million.
LUCRF manages about $2.9 billion for the National Union of Workers. Dimensional has about $230 billion assets under management globally and $20 billion assets in Australia.
Click here for the story from I&T News.
