Border to Coast Pensions Partnership publishes on its website:
“Leeds, 26 September 2019, Border to Coast Pensions Partnership (“Border to Coast”), one of the largest UK public sector pension pools in the UK whose assets total c. £45 billion, announces the appointment of Royal London Asset Management, M&G Investment Management and Insight Investment as its external asset managers in a Sterling Investment Grade Credit Fund expected to total over £2bn at launch.
Border to Coast is delighted to announce the appointment of Royal London Asset Management, M&G Investment Management and Insight Investment as external managers to the Border to Coast Sterling Investment Grade Credit Fund. Subject to FCA approval, the Fund is scheduled to launch in early 2020 with assets of over £2bn.
The appointments follow an extensive manager selection exercise undertaken by Border to Coast, with support from Mercer. 25 asset management firms submitted proposals which were scored for technical quality, value for money and complementarity of fit.”
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