mast image

Impact Investing

IPE special report May 2018

Sections

Greenwich goes external

This month the London Borough of Greenwich is turning to external fund management for the first time," according to Debbie Warren in the council's accounts department. "We were internally managed before but have decided to go outside and appoint Morgan Grenfell Asset Management and Schroders Investment Management to handle two global and emerging markets balanced briefs for us at their discretion."

Thirty three managers competed for the £300m ($480m) fund and the final decision, to split it two ways, was swayed by - other things being equal - "the economically most advantageous tender", demonstrating once again how economies of scale favour the larger houses."

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

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

  • QN-2435

    Asset class: CLOs.
    Asset region: Global.
    Size: USD 50m.
    Closing date: 2018-05-22.

  • QN-2436

    Asset class: Real Estate - Core Open-ended Real Estate Equity Fund (non-listed).
    Asset region: Asia Pacific.
    Size: Approx. CHF 70-100m per investment.
    Closing date: 2018-05-25.

  • QN-2438

    Asset class: High Yield Bonds.
    Asset region: US.
    Size: USD 300 million.
    Closing date: 2018-05-25.

Begin Your Search Here