IRELAND - Swiss chocolate giant Nestlé is moving seven unit trusts worth EUR2bn, which are incorporated in its pension fund assets, to the Republic of Ireland.
The unit trusts were created to allow the EUR4.6bn fund to benefit from economies of scale in its investments and are being moved to Dublin in order to increase flexibility in asset allocation, to ...
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