The Pensions Trust has chosen AXA Rosenberg to manage a Pan-European Broad Market equities mandate worth 345 million.
The Pensions Trust is one of the leading UK multi-employer occupational pension funds operating in the charitable, social, educational, voluntary and not-for-profit sectors.
“We selected AXA Rosenberg for a number of reasons, not least the rigorous risk management process that is essential to our business,” says Stephen Nichols, chief executive of The Pensions Trust. “Their knowledge of the market and the competitive solution made them a good choice for The Pensions Trust.”
Simon Vanstone, Europe chief executive officer, adds: “The Pensions Trust is a major scheme with an excellent reputation so, obviously, we are very pleased with the appointment. Our process is ideally suited to multi-country investing. It allows us to value around 21,000 companies every four minutes and this continuous flow of up-to-the-minute market information has certainly contributed to our success in this strategy.”