Tower Hamlets pension fund buys equity protection

Stephanie Baxter
clock • 3 min read

The London Borough of Tower Hamlets Pension Fund has purchased protection for around £700m of equities in the run-up to its March 2019 triennial valuation.

The risk management solution, implemented by Schroders and advised by Mercer, will help to protect the local authority scheme from a significant fall in equities, after its funding level improved o...

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