TfL scheme selects LDI and passive equity manager

Michael Klimes
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Transport for London (TfL) Pension Fund has appointed BlackRock to manage its liability driven (LDI) investing and passive equity portfolios totalling £3.8bn assets.

It follows an initial £100m commitment made by TfL last March into BlackRock's renewable income UK fund which invests in onshore wind, offshore wind and solar projects. The £1.6bn LDI mandate wi...

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