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
  • RT @BNPPAM_COM: 2017 was one of the most active hurricane seasons on record, causing up to USD 475 billion worth of damage. What are the in…2 days ago
  • RT @PensionsTony: At the Aon London #pensions conference. About to start my workshop on how well #DC schemes are meeting the needs of #memb…2 days ago
  • Andrew Wauchope talks to Mark Dunne about charities and their pension schemes, the secret of being a good trustee a… https://t.co/xcdcxs61QL2 days ago
  • Enter the Dragon : China’s inclusion in the @MSCI_Inc Emerging Market index has caused little excitement, but, as L… https://t.co/oy0EdSI6A84 days ago
  • The @InvescoUKinsti whitepaper: Responsible investing and active ownership. Invesco’s Bonnie Saynay and Henning St… https://t.co/E3Gdh9eDSM9 days ago
  • Charlotte Moore looks at the reaction of financial markets to Brexit has already changed the shape of the relations… https://t.co/6KH9jnWTtq9 days ago
  • RT @AonRetirementUK: Want to know more about the benefits of factor-based investing for your DB pension scheme? Aon’s next Investment Break…10 days ago
  • Learn more about why everyone is talking ESG on our new ESG HUB, where we will be publishing our latest features pl… https://t.co/Dg9FiwCPCn11 days ago
  • 2018: The year of the human?. Cyber crime, greater disclosure, fixed income, people and, of course, climate change.… https://t.co/HMkzWcrFNy11 days ago
  • ''Building a global portfolio of equities could also provide much needed diversification'', discover why in our Glo… https://t.co/y90GhLlmCD11 days ago
  • What is your stance on executive pay? is bigger really better? Read more in our new ESG feature:… https://t.co/cUXMiCDuE536 days ago
  • November Magazines Cover Story : Interest rates - The slow return to normality . What impact will this have on port… https://t.co/7RYFEXJMVL39 days ago
  • ''Alternative assets have been one of the winners of the banking crisis, which marks its tenth anniversary next yea… https://t.co/pbLbxU9tza39 days ago
  • Pension scheme buy-outs could top £30bn this year - @JLT_EB https://t.co/JhiPizcTnc #pensions52 days ago
  • @PensionsInfra to spend £400m on interests in 10 PPP infrastructure projects https://t.co/O2Lfmy16B6 #infrastructure #pensions87 days ago
  • FirstGroup consolidates £700m of pension assets within the LGPS to create £1bn fund - https://t.co/tOmO0W84h588 days ago
  • £10bn wiped off #FTSE350 DB schemes in October - @JLT_EB https://t.co/iTO0fE005i #pensions113 days ago
  • Capita Asset Services upgrades its UK dividend forecast for 2017 to a record £94bn - https://t.co/9rBSfa16fz #dividends122 days ago
  • Smiths Group shifts £207m of liabilities to Canada Life https://t.co/bJvq65vuB2 #pensions123 days ago
  • A special feature from our sponsor SYZ Asset Management – ‘Contrarian investing in the Italian banking crisis’ https://t.co/6tOeW272XB144 days ago

Pensions

Russell wins £100m NFU mandate

Russell wins £100m NFU mandate

Mark Dunne
Monday 16th October 2017

The trustees of the National Farmers Union’s pension scheme have handed a £100m mandate to Russell Investments.

National Farmers’ Union of England and Wales (NFU) Staff Pension Scheme dumped the traditional pension scheme investment model in favour of appointing a fiduciary manager following a strategic review.

Russell beat five other asset managers to win the mandate. NFU director of finance and business services Ken Sutherland said that the firm was “hands down” the best candidate.

Core to this decision was the belief that the firm has the expertise to help the scheme achieve full funding within an agreed timeframe.

Russell Investments’ head of UK institutional, Jim Leggate, said with trustees’ time under increased pressure there is a need for them to consider delegation.

“By working with Russell Investments, the scheme will benefit from the expertise of an extensive team of investment specialists supported by an experienced team with impressive industry experience,” he added.

0

Leave your comment

View our comments policy

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