Smurfit Kappa UK Pension Fund completes £1.2bn fiduciary and LDI deal with R&M

Jonathan Stapleton
clock • 1 min read

The Smurfit Kappa UK Pension Fund is set to complete the transition and onboarding of £1.16bn of mandates to River and Mercantile Group following a full market retendering process.

The scheme - which was one of the earliest UK adopters of fiduciary management - awarded the asset manager a fiduciary management mandate of £630m and a liability-driven investment (LDI) allocation...

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