UK Power Networks appoints BlackRock for £4bn fiduciary brief

Hope William-Smith
clock • 1 min read

BlackRock has been appointed as the fiduciary manager for the UK Power Networks Group of the Electricity Supply Pension Scheme (ESPS).

BlackRock was selected following a competitive tender process run by IC Select and will advise, design and implement the UK Power Networks Group's asset allocation and manager selection across all ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Newcore achieves first close of sixth value-add UK social infrastructure fund

Newcore achieves first close of sixth value-add UK social infrastructure fund

Participating investors include an LGPS pool and scheme

Jonathan Stapleton
clock 13 May 2026 • 2 min read
Partner Insight: Where Real Estate Meets Infrastructure - The Evolution for Data Centre Investing

Partner Insight: Where Real Estate Meets Infrastructure - The Evolution for Data Centre Investing

Principal Asset Management
clock 13 May 2026 • 4 min read
UK gilt yields rise amid growing leadership crisis for Keir Starmer

UK gilt yields rise amid growing leadership crisis for Keir Starmer

30-year gilt yields hit 5.8% as market fears over looser fiscal stance grow

Jonathan Stapleton
clock 12 May 2026 • 2 min read
Trustpilot