EXCLUSIVE: Veolia UK Pension Trustees hires Schroders for £880m fiduciary management mandate

Jonathan Stapleton
Veolia truck (Eddie Stobart http://bit.ly/2q6awvt)

Veolia truck (Eddie Stobart http://bit.ly/2q6awvt)

Veolia UK Pension Trustees has announced it has appointed Schroders to be the fiduciary manager for its largest defined benefit schemes, which have a combined asset value of £880m.

The trustees said the asset management firm was chosen following a competitive tender process facilitated by LCP - and noted the assets transition to the new investment arrangements during the firs...

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