BlackRock wins £30bn Scottish Widows mandate

Victoria Tichá
clock • 1 min read

BlackRock has won over a quarter of a £109bn Scottish Widows mandate following a competitive tender process, as the battle for the remaining £79bn in assets continues.

Announced today (12 October), BlackRock was selected by Scottish Widows' owner, Lloyds Banking Group, to manage £30bn of assets in index strategies on behalf of its clients. This is a portion of...

To continue reading this article...

Join Professional Pensions

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Clara superfund deal, Rothesay purchases portfolio and surplus repayments order

Professional Pensions
clock 15 March 2024 • 1 min read
Good News Corner: PPF defeated by TPR in charity football showdown

Good News Corner: PPF defeated by TPR in charity football showdown

Regulator and lifeboat fund teams raise over £500 for Lives Not Knives youth charity

Martin Richmond
clock 15 March 2024 • 2 min read
TPR strike action called off

TPR strike action called off

TPR ‘committed to securing funding’ for a pay rise and engaging with PCS and DWP

Jasmine Urquhart
clock 13 March 2024 • 2 min read
Trustpilot