UK - The £40m Allied Worldwide pension scheme has appointed Attica Asset Management (Attica) to manage its entire asset pool through the firm’s multi-manager structure.

The mandate, worth approximately £40m in assets is to be managed against a multi-asset fixed weight benchmark.

Duncan Poole, chairman of the Allied Worldwide trustees comments, “Our selection of Attica was the result of a detailed selection process in which we considered the major multi-manager providers. The Trustees chose Attica as they believe it is the firm best placed to achieve the Scheme’s objectives.”