News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Avon fund to dispose of property assets

The £1.6bn (€2.59bn) Avon pension fund run by a UK local authority has appointed GVA Grimley to dispose of its £40m UK property assets.

Bath & North East Somerset Council also said it is reviewing existing managers Merrill Lynch Investment Managers, Barclays Global Investors and Gartmore Investment Management because of poor performance.

WSJ Logo