Lothian Pension Fund expands equity framework mandates
UK - Lothian Pension Fund is tendering for new global equity managers following the appointment of Invesco Perpetual and Baillie Gifford to run its separate Pan Asia Pacific equity mandates.
The £3.5bn ($5.7bn) fund is searching for up to ten managers for the global equity mandate to make up a framework of managers it can draw on. However, only three of the ten will actually run the money....
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