UK - Capital International and Schroder Investment Management have lost mandates worth £150m each as the £300m London Borough of Redbridge restructures its portfolio and moves from balanced to specialist.
The fund has brought on board Standard Life, AXA, and Newton in the restructure. Standard life will manage a £95m UK bond mandate while AXA will look after the equities, that constitute 40% of t...
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
