UK-based Hill Samuel Asset Management has beeen awarded three new sterling cash management mandates totalling £52m($86m), all for local authorities. Following a three way contest Eastleigh Borough Council awarded the group a £20m mandate. The London Borough of Bexley awarded a £20m cash management brief each to Hill Samuel and Kleinwort Benson. This is provisional on ministerial approval for a housing stock transfer. A £10m mandate was obtained from the Borough of King's Lynn and West Norfolk.