UK - The £330m (US$660m) London Borough of Kingston upon Thames pension fund has tendered for a transition manager.
Ian Millar, head of treasury services, told Global Pensions the move was to manage risk in the portfolio. Millar said: "We're appointing a transition manager for best practice - to reduce market...
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