The Greater Gwent Pension (Torfaen) Pension Scheme has invested £125m in a global equities mandate with Aberdeen Asset Management following a bfinance search.
The appointment followed an extensive tender process, with more than 80 offers received. The £1.05bn local government pension fund will be hoping to recover value after its value fell 22.3% last...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
