South Africa's Murray & Roberts Retirement Fund has dropped Old Mutual due to "poor performance" and appointed SEI Investments.
Old Mutual previously had a R153m (£13.5m) equity mandate and Gensec had a R148m equity mandate. SEI’s new mandate of R250m is for global equities. Gensec has also been given a new R80m internation...
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