UK - The £723m Cumbria County Council Superannuation Fund has completed its asset reshuffle following the dissolution of two balanced equity mandates, held by Phillips & Drew (£307.5m) and Schroder Investment Management (£371m)*.
The fund has awarded a £100m global equities mandate to Putnam Investments and two UK equities mandates worth £122m each to Capital International and Schroder Investment Management. The dissolutio...
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