UK - The £1.1bn (€1.7bn) Wiltshire County Council Pension Fund has awarded three mandates for unconstrained equity, long-short equity and active currency.

Record Currency Management was awarded £23m in cash for an active currency overlay mandate with the notional size of the mandate being £320m. This manager will also be passively hedging 50% of the fund's currency exposure totalling £400m.

Edinburgh Partners has also been chosen for a £86.4m unconstrained equity mandate and Fauchier Partners will be managing a £57.6m long/short equity portfolio.

This move by the southern English county follows a major review, advised by Hymans Robertson, in which the fund decided to make a number of changes to its investment structure.

Elsewhere, the £3.6bn London Pension Fund Authority (LPFA) has awarded ING Real Estate Investment Management a global real estate mandate.

A spokeswoman confirmed to IPE the LPFA had asked ING to take on the mandate but said any further information could not be disclosed for another 10 days.

The fund had announced in March to expand its £150m real estate portfolio outside the UK.

Find more stories on institutional investment into real estate on

IPE's sister publication IPE Real Estate has a weekly online newsletter for which you can subscribe free of charge. On the webpage you can also subscribe to the IPE Real Estate magazine.