UK - Exclusive: Nikko Global Asset Management has been dropped from the roster at the London Borough of Islington Pension Fund following performance concerns, said a source close to events.
A global (ex-UK) active equities mandate, worth between £100-120m, has now been awarded to Capital International. The move was advised by Mercer Investment Consulting.
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
