UK - The UK arm of the Philips Pension Fund is considering hiring a fiduciary manager, according to industry sources.
The £2.3bn (US$4.7bn) fund has begun negotiations with consultants about the options available to it following its move to a liability driven investment (LDI) strategy in October. The pension f...
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