UK - £66.5bn Henderson Global Investors was awarded a global enhanced index equity mandate by trustees of the Smith & Nephew UK Pension Fund worth £120m. The assets will be invested via funds covering the UK, Asia Pacific, Japan, Europe and North American equity markets, and will aim to outperform the relevant indices by 0.75% per annum. Les Smith, a Trustee of the Smith & Nephew fund, said in a release they were looking for a low risk strategy for their global equity allocation.
Smith & Trustee were unavailable for any further comment. Meanwhile, Henderson has launched an open-ended European property fund of fund, which will provide institutional investors with access to a...
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