Aerion Fund Management, the in-house fund manager for the National Grid UK pension scheme, has appointed Berenberg to manage a £3.5bn active currency overlay mandate.
The Hamburg bank will manage the underlying currency expose for the pension scheme's overseas investments. Aerion chief executive Paul Sharman said: "As one of the UK's largest and most innovat...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
