Electricity scheme transfers £2.1bn in asset shuffle

clock

The £20bn Electricity Supply Pension Scheme (ESPS), the occupational scheme for UK electricity companies, has completed its portfolio reorganisation with the transfer of assets totalling £2.1bn to new management.

The transition was managed by Merrill Lynch Investment Management. Eight of the 26 groups for participating employers within the ESPS extended the use of segregated portfolios. The latest reo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Global

Multi-sector credit: Flexibility amid shifting markets

Better long-term results for investors may be possible through a multi-sector approach to credit, says PIMCO.

Sonali Pier and Eve Tournier, PIMCO
clock 11 April 2019 • 6 min read

Megatrends: Understanding the tech revolution

Partner Insight: How have companies like Amazon contributed to the megatrend tech revolution?

Hardeep  Tawakley
clock 10 September 2018 • 1 min read

Are megatrends simply hype or a serious investment opportunity?

Partner Insight: From climate change, to AI, investors are increasingly turning to different themes in order to generate an income. But which megatrends are a viable long-term investment opportunity?

Hardeep  Tawakley
clock 28 August 2018 • 2 min read
Trustpilot