The £3.5bn Lothian Pension Fund has started the tender process for investment managers for a global emerging market equity mandate of around £200m, approximately 6% of the fund. A framework agreement will commence later this year with up to 10 managers appointed, but a single manager is expected to be funded initially. The fund has also appointed Hermes Equity Ownership Services to provide voting, corporate engagement and public policy services on selected equity portfolios.
Lothian Pension Fund
6 Jun 2012
The £3.5bn Lothian Pension Fund has started the tender process for investment managers for a global emerging market equity mandate of around £200m, approximately 6% of the fund. A framework agreement will commence later this year with up to 10 managers appointed, but a single manager is expected to be funded initially. The fund has also appointed Hermes Equity Ownership Services to provide voting, corporate engagement and public policy services on selected equity portfolios.
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The £3.5bn Lothian Pension Fund has started the tender process for investment managers for a global emerging market equity mandate of around £200m, approximately 6% of the fund. A framework agreement will commence later this year with up to 10 managers appointed, but a single manager is expected to be funded initially. The fund has also appointed Hermes Equity Ownership Services to provide voting, corporate engagement and public policy services on selected equity portfolios.
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