UK - Schroder Investment Management's sterling bond team has been appointed by Yorkshire Electricity Group to manage a £280m sterling bond mandate for its pension scheme.
Bob Griffith, group administrator of the Yorkshire Electricity Group said: We believe that Schroders' dedicated expertise in government, corporate and index-linked bonds makes it ideally equipped to manage a bespoke portfolio in accordance with our objectives.
Schroders manages £7.6bn in sterling bond assets. John Troiano, head of UK institutional business said: “This prestigious appointment is further testament to the reputation we have built in this asset class, and we greatly look forward to working with Yorkshire Electricity Group in the future.
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