UK - The £2.2bn (US$4.3bn) Avon Pension Fund and Bath and North East Somerset Council (Bathnes) has placed £250m of entirely new property mandates out to tender, split equally between domestic UK and overseas property.
Both property portfolios are to be multi-manager, segregated investments, spilt between a variety of properties viewed to be of core, value-added and opportunistic value. The UK mandate has a t...
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