UK - Old Mutual Asset Managers has won its first UK alternative institutional mandate - a segregated account worth US$50m (£31m).
The cash will be managed alongside its global equity market neutral fund, and will be run by its head of structured equities David Ross.
Partner Insight: A fiduciary management approach gives trustees a richness of information you can't get with a standard adviser approach, especially in times of market uncertainty, explain Russell Investments' David Rae and Paul Wharton
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.