UK Power Networks hires Cardano for £2.7bn investment advisory brief

Jonathan Stapleton
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The trustees of the £2.7bn UK Power Networks Group (UKPN) of the Electricity Supply Pension Scheme (ESPS) have hired Cardano as their investment adviser.

The appointment means Cardano now advises on around 30% of the £30bn ESPS assets - advising the trustees of three of the largest ESPS schemes.

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