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BARING WINS STAFFS DEAL

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Baring Asset Management has landed a£250m UK equity mandate with the£1.7bn Staffordshire CC pension fund. ...
Baring Asset Management has landed a£250m UK equity mandate with the£1.7bn Staffordshire CC pension fund.

The county decided to draft in Baring to replace Phillips & Drew, whose investment performance had caused concern.

Meanwhile, Old Mutual Asset Managers has been appointed to run a£28m international equity mandate for the South Yorkshire Passenger Transport Authority pension fund.
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