UK - John Lewis Partnership Pension Trust Limited has awarded a £150m global equities mandate to Schroders' Global Active Value fund.
The fund is run using a quantitative strategy which invests in 500 stocks in 40 markets globally.
Miles O’Connor, head of UK institutional at Schroders, commented: “We believe that our global active value strategy is well matched to their requirements.”
Justin Abercrombie, head of quantitative equity products at Schroders, said a diversified approach to investment not only increased the chances of finding excess returns; but also reduced the concentration of risk.
Abercrombie concluded: “As we continue to experience the rise in volatility, we believe that there will be an increase in demand for this strategy from investors.”
John Lewis Partnership Pension Trust Limited has just over £1bn in assets under management.
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.