Booker specialises

Booker, the UK food wholesalers, has appointed Bankers Trust to manage a £33m ($53.79m) South East Asian equities mandate, following a move to specialist overseas asset management. The company have also chosen State Street as global custodians for their £425m total assets.

The move follows the downsizing of previous balanced managers Cazenove and Mercury to cover only UK portfolios, with Booker trustees seeking improved fund performances", which they felt would be better served using specialist managers, according to Chris Leach, group pensions manager."

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2466

    Asset class: Multi-asset funds.
    Asset region: Global.
    Size: EUR 30m.
    Closing date: 2018-08-16.

  • QN-2467

    Asset class: Search for a broker (mainly ETFs).
    Asset region: Global.
    Size: 250m.
    Closing date: 2018-08-28.

  • DS-2468

    Closing date: 2018-08-24.

Begin Your Search Here