UK - The £2.23bn Tyne & Wear Pension Fund has dropped Barclays Global Investors (BGI), Morley Fund Management and JP Morgan from its manager roster, following an overhaul of its asset allocation structure.
The three firms have been dropped following the fund’s decision to shift the entire fund to specialist management. The move, which was announced early last year, means that BGI will lose a £300m pa...
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