Border to Coast publishes on its website:
- Border to Coast begins search for an active manager to join its global equity proposition, complementing existing managers
- Procurement of a new manager is expected to balance risks and support the generation of long-term outperformance
- Demonstrates the continual review and evolution of the pool’s propositions on behalf of Partner Funds
Following continued asset growth within its global equity proposition, Border to Coast Pensions Partnership (‘Border to Coast’) is looking to appoint a new manager to support the delivery of the strategy’s long-term performance.
The pool is seeking an active global equity manager that has a proven track record of delivering outperformance through the application of a fundamental investment approach. Specifically, Border to Coast is looking to appoint a manager which is philosophically aligned with growth investing and can identify emerging structural growth opportunities.
The appointed manager will need to integrate responsible investment into its processes and demonstrate alignment with Border to Coast’s net zero ambitions and decarbonisation objectives.
Launched in 2019, the global equity proposition currently has five global equity managers and two emerging market specialist managers. The new manager will be complementary to the existing investment approaches.
Graham Long, Head of External Management, Border to Coast, said: “We develop and manage bespoke, innovative propositions for Partner Funds, ensuring they reap the benefits of scale secured through pooling, as well as benefit from the deep pool of investment expertise we have here at Border to Coast. The strength of the relationships we build with external managers on behalf of Partner Funds is a key benefit of pooling. We look forward to working closely with the appointed manager to ensure we deliver added value for Partner Funds.”
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