Fife Council Awards £150M Mandates

Fife Council Pension Fund has appointed Baillie Gifford and Standard Life to manage £50 million each in absolute return.

Fife Council Pension Fund has appointed Baillie Gifford and Standard Life to manage £50 million each in absolute return, Pension & Investment reports. The Scottish pension fund has also hired Partners Group to manage £50 million in infrastructure. The funding for the new managers is expected to come from cash. Investment consultant, Hymans Robertson, assisted the pension fund in the search for the new managers.

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