Financial Services Industry
Industry: Email Alert RSS FeedNews: Investment solutions hits oe100m mark.(Brief Article)
Pensions Week, May, 2004
Multi-manager Investment Solutions has hit the GBP100m mark in assets under management since its launch in the UK in September 2003.
Part of the Alexander Forbes group, Investment Solutions now has a total of GBP230m under management following its acquisition of Schroder Pensions at the start of last year.
The company has won four mandates in the last month, the most recent being ribbon and narrow fabric manufacturer Selectus, who appointed it to manage its closed defined benefit pension scheme.
The other three mandates, bringing the total to 11 since launch, are Purac, an environmental process-engineering company, combustion technology provider Saacke and builders merchant RGB.
"We have seen an increased interest in multi-manager...
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