UK pension pool Border to Coast appoints two China-focused managers for new fund

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UK pension pool Border to Coast appoints two China-focused managers for new fund
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HONG KONG : Border to Coast Pensions Partnership, one of the UK's largest pension pools, has appointed two specialist China equity managers to run a third of the capital in its new emerging markets fund.The pension pool has selected four specialist managers for a new £700 million ($840.42 million) Emergi

HONG KONG : Border to Coast Pensions Partnership, one of the UK's largest pension pools, has appointed two specialist China equity managers to run a third of the capital in its new emerging markets fund.

UBS Asset Management and Hong Kong-based FountainCap Research & Investment won the China mandates, while Goldman Sachs Asset Management and Baillie Gifford have been chosen to manage an"Emerging Markets ex-China equity sleeve" accounting for around two-thirds of the fund.

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