UK - The £850m West Sussex County Council Superannuation Fund has appointed Pantheon Investments to manage its private equity portfolio.
As part of the first its first foray into private equity, the fund received 19 tender applications and shortlisted three undisclosed investment managers for the £40m fund of funds brief.
The West Sussex County Council Superannuation Fund is advised by Watson Wyatt.
By Janet Du Chenne
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.