UK - Asset manager SEI has won a £16m global developed markets mandate and a £15m global equities mandate from two separate pension funds.
The £16m brief was awarded by the pension fund of Storeys Group (Wardle Storeys), a UK manufacturer and seller of specialist technical foils and related products.
The £15m brief came from the Ansa Logistics pension fund. Ansa Logistics is a UK-based freight delivery company.
Brian O’Reilly, trustee director at Wardle Storeys said:“When reviewing our investment strategy we decided to place a global developed markets mandate with a manager of managers fund because we believe that this optimises return and minimises risk.”
By Lisa Haines
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