USF didn't 'second-guess' Mercury, says CIO Mayall

UK – The Unilever Superannuation Fund (USF) did not know about the technical level of risk involved in the investment of a £1bn portfolio by Mercury Asset Management (MAM) and could not be expected to “second-guess” the advice of the investment manager, Wendy Mayall CIO of USF today (Nov 1) ...

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