UK - The £1.2bn pension fund for East Riding of Yorkshire Council, one of the country's largest, has pelted Schroders from a £266m overseas equities mandate, only weeks after the beleaguered fund manager was dumped from a similar UK portfolio.
The local authority scheme axed Schroder’s from a £230m UK equities brief last month following a three year cycle of underperformance. This portfolio is now managed in-house where it will be kept i...
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