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...

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

Partner Podcast: Broadening scope, tightening focus

Partner Podcast: Broadening scope, tightening focus

Arpita Bhabhera, Senior Investment Analyst, AllianceBernstein
clock 16 September 2025 • 1 min read
LGPS pools back report on mobilising local investment in the UK

LGPS pools back report on mobilising local investment in the UK

Report comes after government’s Pensions Review set out series of LGPS reforms

Holly Roach
clock 09 September 2025 • 3 min read
GSAM appointed by Shell to run £29bn global OCIO pension scheme brief

GSAM appointed by Shell to run £29bn global OCIO pension scheme brief

Deal includes around £11.5bn of UK scheme assets

Jonathan Stapleton
clock 09 September 2025 • 2 min read
Trustpilot