UK - The £68m RSPCA has appointed Threadneedle Asset Management to run a balanced mandate.
The mandate will utilise a wide range of Threadneedle’s pooled pension funds including those investing in the UK, North America, Europe, Pacific Basin and Japanese equities as well as index-linked and long dated bonds. Threadneedle’s objective will be for the portfolio to outperform a composite benchmark by 1% per year, over rolling 3 year periods.
Mark Stanley, head of institutional business, said: “We are delighted to have been chosen by the RSPCA to manage this important mandate on behalf of their Pension Fund. We have continued to see significant inflows and growing success in all areas of our institutional business – defined benefit, defined contribution and insurance asset management – in spite of the difficult markets.”
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