UK - The £1.4bn Metal Box Pension Scheme has awarded PIMCO Europe a £100m bond mandate as part of an ongoing review of its entire scheme.
The mandate will be benchmarked against UK bonds, including fixed income, index-linked and corporate, and an allocation to global high yield bonds, hedged into sterling. Philip Read, UK pensions...
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