Henderson stands to lose £130m equities brief

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UK - Henderson Global Investors could lose a global equities mandate worth £130m following a decision by Falkirk Council to tender the brief, worth approximately 20% of the £700m pension fund, partly due to performance issues.

Henderson currently manages a multi asset mandate worth 32.5% of the fund’s value, comprising equities, bonds and property. Treasury manager Alastair Redpath said the tender was part of a move f...

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