UK - Competition for the first National Pension Savings Scheme (NPSS) mandates could turn into a bun fight for £1bn "winner takes all" briefs, the estimated amount up for grabs at the outset, according to Pensions Commission chairman Adair Turner.
Speaking to Global Pensions, Turner (pictured) indicated that scale considerations would prevent the initial mandates from being carved up amongst different managers, at least for the first few yea...
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