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Beds looks out ...
Beds looks out
Bedfordshire CC has gone out to the market as it looks to increase the property investments of its pension fund. The county currently manages around£17m worth of property assets in-house, but has now invited tenders from external managers to manage a portfolio of up to£50m.
-Invesco's windfall
Invesco Asset Management has landed a£20m cash management mandate from Horsham DC. The brief for the firm is to provide returns above the seven day LIBID rate. The consultant involved in the appointment was Butlers.
-Aon wins Bristol
Aon Consulting has been appointed to deliver administration, actuarial and consultancy services to the Bristol Port Pension Scheme. It is worth£40m and has 450 members.
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