We use cookies to support features like login and allow trusted media partners to analyse aggregated site usage.
To dismiss this message and allow cookies to be used, please click "Continue".

Continue

News/Analysis

Twitter board

Follow us
  • "To get to the heart of some of the issues surrounding responsible investment we brought trustees, fund managers an… https://t.co/ujIdYI4gKI9 hours ago
  • RT @TimGiles90: @TimManuel17 on Trustee awareness of #climatechange ft in @portfolio_inst latest #aonexpertsinthenews https://t.co/WJdMA3MD…yesterday
  • Beyond bonds: How pension schemes are looking to update their LDI strategies https://t.co/qcq3fx3dJJ #ldi… https://t.co/Aj4PVgTz0G2 days ago
  • Friday View: Climate change: a hot topic - TPR prepares for master trust deadline - Prudential and Aviva's de-risk… https://t.co/c8N8HZ62HE6 days ago
  • As offices and workplaces are heating up, so is the debate on climate change: What are trustees doing to protect sa… https://t.co/U77fvAzS199 days ago
  • Friday View: Infrastructure: Land of opportunity  - FTSE 100 schemes are back in black - Brewery hit by TPR fine -… https://t.co/disYRfYaUw13 days ago
  • With 70% of pension schemes planning to allocate to infrastructure - the scramble for assets begins. Our latest cov… https://t.co/aWetZeBhq216 days ago
  • Exclusive: Border to Coast appoints new CIO https://t.co/mipd2Aeyvy #LGPS #pensions #LPGSpooling https://t.co/P0D1EQLvmu20 days ago
  • Friday View: PPF's Ian Scott - Border to Coast goes live - TPR launches master trust consultation - Railpen invests… https://t.co/mSeDHNrEjP20 days ago
  • Local authority pension pool Border to Coast goes live with two equity funds, hires new CIO: https://t.co/4uIWEpuD1C https://t.co/8UP3stSh9o20 days ago
  • Our interview with the PPF's Ian Scott is now live! “The uniqueness of what we do here at the PPF is sometimes over… https://t.co/On1pYg5aXJ22 days ago
  • Latest buy-in means @UK_CAA has de-risked £1.7bn of pension scheme liabilities - https://t.co/eFRK22wyI2 #pensions https://t.co/rrYgf0fQAr24 days ago
  • Friday View: Border to Coast launches UK equity tender - Rentokil Trustee faces fine - Gleeson directors banned - P… https://t.co/wx2SJ0bGfG34 days ago
  • Shareholder engagement: It’s good to talk For responsible investors talk isn’t cheap. Not only does research sugges… https://t.co/imwrezJuKJ34 days ago
  • Friday View: PA's DB scheme signs buy-out deal - PIC invests in Midlands housing association - Newton Video on Emer… https://t.co/GbWDdyENlN41 days ago
  • RT @minerva_ESG: Hey, all #ESG and#corpgov tweeps, lend a hand to @portfolio_inst important opportunity to support investors' understanding…41 days ago
  • We want to know your appetite and understanding for ESG! Please click the link to take our 5 minute survey to tell… https://t.co/SsVgQzEKIc42 days ago
  • RT @AonRetirementUK: Great event, thanks for hosting @portfolio_inst. Inspired location too! https://t.co/we7Ou46ns342 days ago
  • Full house at our Portfolio Prepared event, Oliver Hamilton Illiquids specialist @AonRetirementUK discusses conside… https://t.co/F0qPFPjUSP43 days ago
  • West Midlland Pension Fund’s Jill Davys: “I am reluctant to overpay for assets” Assistant director of investments a… https://t.co/YHtEIU5BSN45 days ago

Pensions

Border to Coast goes live with two pooled equity funds

Border to Coast goes live with two pooled equity funds

Mona Dohle
Friday 27th July 2018

Border to Coast, public sector pension pool for 12 local authorities, has launched its first pooled investment vehicles.

It has also appointed a new chief investment officer, whose name will be disclosed over the next few weeks.

The two new pooled funds are based on the transfer of £7bn of UK and overseas developed equities which were previously individually managed by Teesside, East Riding and South Yorkshire Pension Authorities.

Assets will now be managed through Border to Coast’s first two sub-funds, the Coast UK Listed Equity Fund and Border to Coast Overseas Developed Fund.

Rachel Elwell, CEO at Border to Coast, said: “We are all delighted to have achieved this significant milestone, which is testament to the strong partnership that has been built between our partner funds, with the newly formed Border to Coast and with our advisers and service providers. It has very much been a team effort and we are looking forward to building on this in the future to achieve our aim of making a difference to long-term investment outcomes for our LGPS partners.”

The pool, which as of March 2017 covered £43bn in assets, is also planning to launch a UK equity fund and an emerging market equity fund in the fourth quarter of this year as well as a global equity fund early in 2019.

Other mandates will be handed to third party asset managers. Among others, Border to Coast is currently in the process of appointing three active UK equity managers.

Border to Coast currently has a team of more than 30 investment specialists.

0

Leave your comment

View our comments policy

Please login or register with us to leave a comment. It's completely free!