BAA hires SSgA for £330m 130/30 mandate

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THE £1.5BN BAA Pension Scheme has appointed fund manager State Street Global Advisors to manage a £330m global equity 130/30 mandate.

The assets will be invested in SSgA’s equity investment strategy, Global Alpha Edge. SSgA UK managing director Kanesh Lakhani said: “We are delighted with this additional investment from BAA, wh...

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