Henderson dropped in Falkirk restructure
UK - The £860m Falkirk Council pension fund has appointed Newton Investment Management to a new £150m global unconstrained equity mandate, derived in part from a multi-asset brief previously managed by Henderson Global Investors.
Treasury manager Alastair Redpath told Global Pensions the decision to drop Henderson had been motivated by concerns about performance and major corporate changes taking place at the firm. Back in October,...
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