Mannion: GSK buy-in deal impossible without transition managers

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GlaxoSmithKline's £900m buy-in deal last year would not have been possible without transition managers, its director of pensions finance, investments and risk Martin Mannion says.

GSK entered into a buy-in deal with Prudential in November of last year. Speaking at a recent transition management debate hosted by PP's sister title Global Pensions, Mannion said the whole pro...

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