PA Pension Trustees appoints BlackRock for £410m fiduciary mandate

clock

BlackRock has won its first full fiduciary mandate in the UK, having been appointed to run the £410m PA Consulting Group Pension Scheme.

The firm now has 10 fiduciary clients, representing US$27bn (£16.8bn) of assets, including the recent mandate from multi-national corporation Henkel, but the PA pension fund is the first UK scheme ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Lord Mayor to encourage more pension investment in UK assets

Lord Mayor to encourage more pension investment in UK assets

Alastair King is to encourage pension funds to go further on Mansion House Compact commitments

Jasmine Urquhart
clock 08 November 2024 • 1 min read
PPF publishes 2023/24 responsible investment report

PPF publishes 2023/24 responsible investment report

Lifeboat fund says it has engaged with 667 companies on ESG objectives

Martin Richmond
clock 07 November 2024 • 4 min read
Market Movers Blog: Dollar and US bond yields surge as Trump inches closer to victory

Market Movers Blog: Dollar and US bond yields surge as Trump inches closer to victory

Latest news and analysis

Investment Week
clock 06 November 2024 • 1 min read
Trustpilot