UK - The £10bn British Coal Staff Superannuation Scheme (BCSSS) has moved almost half of its assets away from Goldman Sachs Asset Management to new managers.
Goldman Sachs acquired the right to run 80% of the scheme’s assets when it took over CIN Management – the fund manager jointly owned by the BCSSS and the Mineworkers’ Pension Scheme – in 1996. How...
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
