UK - An investment shake up by the Welsh Rhondda Cynon Taf local government pension scheme has reduced mandates controlled by F&C Management and Baillie Gifford Asset Management, as part of an overall diversification of the scheme's portfolio.
The shake up comes as the £1.3bn (US$2.3bn) scheme launched a search for a high alpha global equity manager to be responsible for 17% of the portfolio. The £221m mandate would be sourced by reducin...
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