Environment Agency Active Pension Fund will start an asset allocation review of its £1.7 billion fund, Pensions & Investments reports. Actuary Hymans Robertson and investment consultants, Mercer, Rathbone Greenbank Investments and bfinance, will help in the review.
The review is expected to be completed by 2012. The Bristol, U.K., fund’s search for global bond managers to run £150 million has also been canceled because of the review.
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