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WPP ImCo appoints CIO and senior executive

(Andrew Johnston, CIO WPP)

Wales Pension Partnership, the newly launched investment management company, has appointed key leadership roles in investment and finance, as it prepares for FCA authorisation.

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The pool, which manages the assets of the eight LGPS funds, has appointed Andrew Johnston to lead its investment team. Johnston joins from Hymans

Several Reform-led councils are in talks to depart from the LGPS stewardship body LAPFF, following moves by two LGPS funds earlier this summer to break ties with the network.