Brunel awards property fund mandates
0LGPS pool Brunel Pension Partnership has awarded two mandates within its secured income portfolio on behalf of three funds.
The pool’s private markets team has chosen M&G Secured Property Income Fund and the Aberdeen Standard Investments Long Lease Property Fund to manage investments of £169m each.
Richard Fanshawe, head of private markets at Brunel, said: “The M&G and ASI long-lease property funds were selected for their individual merits and the strength of the overall combination.
“Together, they offer broad immediate diversification, strong long-term performance track records and sector-leading sustainability credentials, and metrics which their teams and strategies are looking to improve over time.”