West Midlands appoints RLAM to corporate bonds

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UK - Royal London Asset Management has won a £130m UK corporate bond mandate from the £4bn West Midlands Metropolitan Authorities Pension Fund.

The firm was selected from a shortlist of four and has been given a brief to outperform the Merrill Lynch non-government bond index by at least 0.5% per annum. The mandate, which will be funded ...

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