LGPS Central taps 2 for emerging markets bonds

LGPS Central, Wolverhampton, England, hired M&G Investments and Amundi to manage a £900 million ($1.1 billion) active global emerging markets bond allocation, a spokesman said. M&G Investments and Amundi will each manage £450 million for the £45 billion pool of U.K. local government pension schemes. “We were looking for candidates which displayed a robust and disciplined investment process, full transparency, value for money and ...

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