Cambridgeshire hires SSgA to run £140m equity brief

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THE £1.2bn Cambridgeshire County Council Pension Fund has hired State Street Global Advisors to run a £140m passive equity mandate.

The assets will be invested in SSgA’s Managed Pension Fund UK Equity Index Strategy, which tracks the FTSE All-Share Index. SSgA UK managing director Kanesh Lakhani said: "Local authorities are i...

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