PLAPF awards £250m mandate

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UK - The Port of London Authority Pension Fund (PLAPF) has hired AXA Investment Managers for a £250m fixed income mandate.

The mandate, to be managed by AXA IM’s sterling-grade fixed income team based in London, will look to outperform a scheme specific benchmark consisting of 90% fixed coupon gilts and 10% index-linke...

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