Financial Services Industry
Industry: Email Alert RSS FeedNews: Cardano adds GKN scheme to growing portfolio.
Pensions Week, March, 2008
Byline: David Ricketts
The GKN Group pension scheme has selected Cardano to manage a GBP300m portfolio of active equity investments on a discretionary basis.
The scheme hopes the move will generate superior returns from equities.
The move switches some responsibility away from Watson Wyatt, which until now had offered investment advice on all of the fund's GBP2bn assets.
John Hughes, chairman of trustees at GKN, said: "We want an active approach to managing this specific part of our investments and decided that it makes sense to appoint a full-time professional team suitably motivated to deliver targeted results. Cardano have demonstrated their hands-on approach and the ability to take responsibility for timely decision-making."...
- How to choose the right insurance carrier for your business
- Real Estate: Prepare your properties to weather what lies ahead
- Technology: Be prepared if part of your global supply chain goes missing
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express