UK local county fund tenders almost £1bn in new mandates

The £1.8bn (€2.9bn) Essex County Council pension fund has tendered eight investment management mandates worth £940m, in a move that could see several of its existing managers being replaced.

The UK local authority pension scheme has tendered a passive balanced mandate worth £620m, and an active bond mandate worth £140m.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached