Smurfit goes to Invesco

UK - Two pension funds of the manufacturing firm Smurfit Kappa have handed asset manager Invesco Perpetual a mandate to manage some of its UK equities.

Smurfit is largely based in Ireland, but has operations in the UK and the Netherlands among others, so has now asked Invesco to manage £20m (€27m) on behalf of its Smurfit UK pension fund and the UK Corrugated Retirement Plan.

Assets will be managed by Neil Woodford, manager of the UK equity fund at the firm.

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-2503

    Asset class: Equities.
    Asset region: Emerging Markets.
    Size: EUR 30m.
    Closing date: 2019-01-31.

  • QN-2505

    Asset class: Real Estate Core/Core-Plus Multi-sector strategy.
    Asset region: Asia-Pacific.
    Size: $ 50m.
    Closing date: 2019-01-28.

  • QN-2506

    Asset class: Currency Overlay.
    Asset region: Global.
    Size: USD 4 bn..
    Closing date: 2019-02-11.

Begin Your Search Here