UK - The North Yorkshire County Council pension fund has placed a £250m ($499m) global equities mandate out to tender, due partly to disappointment with Barclays Global Investors (BGI).
The £1.2bn fund is divided 77% equities and 23% bonds. The BGI mandate, which targeted a 1% return above the FTSE World ex-UK benchmark, accounted for 31% of the entire equities portfolio. Nei...
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