Nottingham invests £300m in corporate bonds to fund infrastructure targets

Stephanie Baxter
clock • 1 min read

Nottinghamshire County Council's pension fund is investing £300m in a new corporate bond mandate to generate cashflow to help meet its infrastructure commitments.

The £4bn scheme awarded the buy and hold mandate to Kames Capital, which will aim to invest in primarily investment grade bonds with a yield of Libor plus 1.25% after fees. The move comes as Not...

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