UK - The £4.2bn (US£8.2bn) Merseyside Pension Fund has placed a £135m European active equity mandate out to tender.
The mandate, which would represent 3.2% of the fund's total, would target a 3% excess return of the FT Developed Europe ex UK Index, net of withholding tax and gross of fees. Speaking to Global P...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
