Pensions infrastructure chief drives new mutual model

The not-for-profit PIP has ambitions to be one of the leading investors in UK infrastructure, according to its new chief executive Mike Weston

Monday 27 October 2014 at 17:00

Mike Weston, the man in charge of UK pension funds’ new not-for-proft infrastructure vehicle, is not overseeing a vast portfolio as yet. But he does have one very important tenant.

He said: "Through the fund, we actually own a chunk of the Treasury building. So, in a sense, we're George Osborne's landlord."