BA Pensions fully outsources £21.5bn of scheme assets to BlackRock

James Phillips
clock • 2 min read
BA Pensions fully outsources £21.5bn of scheme assets to BlackRock

British Airways Pensions has decommissioned its in-house investment operations, moving all assets to BlackRock as outsourced chief investment officer (OCIO).

Around £21.5bn of Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS) assets for 85,000 members and beneficiaries were transferred to the "pioneering OCIO model" on 1 June, following a "rigorous...

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