DENMARK - Laerernes Pension has dropped PIMCO from an emerging markets debt mandate worth US$70m and instead awarded the allocation to Boston-based Wellington Management.
Laernes Pension portfolio manager, Anders Bertramsen, told Global Pensions: "We carried out our usual systematic review of investments and decided we should tender for the contract held by PIMCO." ...
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