Leicestershire CC fund targets £10m annual outperformance

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The Leicestershire County Council Pension Scheme has challenged Aegon Asset Management to deliver £10m annual investment outperformance after handing the firm a £2bn asset allocation mandate.

The local authority pension fund's investment manager Colin Pratt said the firm would be expected to add 0.5% to its asset values each year, with investment performance reviewed on an ongoing basis...

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