UK – London based asset management group Schroders has been reappointed by pharmaceutical manufacturer, Boehringer Ingelheim to manage its £80m (€131m) UK pension fund.

The mandate win is the result of an investment review, undertaken by the trustees in conjunction with its investment advisers, Lane Clark & Peacock, which decided to keep Schroders as the fund’s sole manager following a beauty parade of asset management firms.

Schroders manages both active and passive portfolios for the Bracknell based company’s pension fund across various asset classes. No other details are available.