UK - The J Sainsbury pension fund is understood to be negotiating a settlement with Merrill Lynch Investment Managers in the wake of the Unilever deal.
Trustees of the £2.7bn scheme decided to seek compensation over the underperformance of its management of a UK equity mandate. But they are sensitive to the possibility of damaging the fund's own r...
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
