This content is from: Innovation

Norfolk Fund Awards Equity Mandates

The Norfolk Pension Fund has hired several managers to run its numerous active global equity mandates.

The Norfolk Pension Fund has hired several managers to run its numerous active global equity mandates, IPE reports. The overall size of the mandates is expected to be between the £100-400 million range.

Baillie Gifford, M&G Investments, Marathon Asset Management, Sarasin & Partners and Wellington Management International are the selected managers of the fund. The benchmarks for the mandates will be the FTSE All-World or MSCI All Countries World indices, with a performance target of outperforming by 2-4% per year.

Click here for the story from IPE.

Related Content