Schroders retains £200m East Riding equity mandate

Schroder Investment Management has retained the management of a £200m (€312.9m) global equity fund for the UK East Riding of Yorkshire pension fund.

The retention of Schroders comes after a lengthy "best-value" process by the local authority scheme that began in March this year and involved a raft of submissions from rival fund managers, including Fidelity Investments.

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