Exclusive: Sun Chemical drops fiduciary manager Mercer for GSAM

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Sun Chemical Pension Scheme has given fiduciary manager Mercer the axe and handed the £360m mandate to Goldman Sachs Asset Management (GSAM).

The appointment is the first to be publically announced by GSAM and gives a significant boost to the firm's attempts to crack the UK fiduciary market. It also comes as a blow for Mercer's implem...

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