YMCA Appoints NTGI To Run Portfolios

Northern Trust Global Investments (NTGI)has been appointed by the Trustees of the YMCA Pension and Life Assurance Plan in England, Scotland and Wales to run approximately £26 million in Equity and Fixed Income portfolios on a manager of managers basis,

By None

Northern Trust Global Investments (NTGI)has been appointed by the Trustees of the YMCA Pension and Life Assurance Plan in England, Scotland and Wales to run approximately £26 million in Equity and Fixed Income portfolios on a manager-of-managers basis, representing over 85% of the fund.

Amit Popat, director of UK business development at NTGI, said, “Being awarded this brief demonstrates that NTGI’s approach to manager research and monitoring, combined with our attention to our clients’ investment requirements, is a winning formula.”

Tony Earnshaw, head of NTGI’s European manager-of-managers business, added: “This is another great win for us – we are delighted to have been appointed by the YMCA. It is also further evidence, should any be needed, that the manager-of-managers approach is taking a firm foothold as a desirable and feasible investment solution amongst UK pension schemes of all sizes and with a range of investment objectives.”

«