Cardiff scheme makes £25m allocation to emerging markets

Jenna Towler
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The Cardiff and Vale of Glamorgan Pension Fund has appointed Aberdeen Asset Management to run a £25m emerging market equities brief.

The allocation represents 3% of the total pension fund and 10% of their overseas allocation. The mandate is a new allocation and the funds were in cash. Pension manager Richard Bettley said, "W...

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Jenna Towler
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