Brunel launches first sub-fund within authorised contractual scheme
0Brunel Pension Partnership has initiated the first sub-fund within its authorised contractual scheme, which it introduced in November.
Invesco, Baillie Gifford and Aberdeen Standard Investments have been appointed to manage the actively managed UK equities fund which has around £1.6bn in assets.
Mark Mansley, chief investment officer at Brunel said: “We expect the portfolio to meet our 2% outperformance target with modest overall risk and low costs.”
The authorised contractual scheme is operated by FundRock, which oversees regulatory requirements and risk management.
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