UK - The £4.3bn (US$8.45bn) Merseyside Pension Fund has placed over 10% of its assets out to tender in unconstrained UK equities strategies, including 130/30 and portable alpha.
The tender has called for two to five specialist asset managers to administer £450m (US$884.5m) of assets, seeking a target return of 3% excess of FTSE All Shares Index, net of fees. Documents...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date