LGPS Central appoints managers for emerging markets fund
0LGPS Central Limited has chosen three external managers for its Emerging Markets Equity Active Multi-Manager Fund.
BMO Global Asset Management, UBS Asset Management Limited and Vontobel Asset Management have been appointed, with each being given a third of the mandate.
LGPS Central expects the fund to be around £1.5bn when launched later this year.
The three were selected from a list of 72 fund managers who expressed initial interest in tendering for the mandate.
Jason Fletcher, chief investment officer at LGPS Central Limited, said: “We are very pleased to welcome BMO Global Asset Management, UBS Asset Management Limited and Vontobel Asset Management.
“We look forward to building a long-term working partnership with them all so that we can deliver our Partner Funds’ investment objectives effectively.”
LGPS Central currently has over £14bn of assets under management and supervision.
A Date for Your Diary
Room151’s LGPS Asset Allocation Forum
November 7th, 2019, The London Stock Exchange
Register your interest…
