Widows win

The UK Environment Agency last month chose Scottish Widows to run a £50m emerging market equities element of its £1.3 billion pension fund consisting of between 35 and 45 equities chosen in line with corporate governance and environmental research from GES and Trucost.

In accordance with the Agency’s investment principles, the fund will be managed with an environmental and socially responsible investment (SRI) overlay.

Commenting on this win, Ominder Dhillon, Head of SWIP's UK Institutional Business said:
"We are delighted to have the Environment Agency Pension fund as one of our clients.  This is a significant win for us as this pension fund is one of the largest and most forward thinking in the public sector.  This mandate highlights SWIP’s flexibility in managing bespoke client requirements and acknowledges our expertise and excellent track record in managing emerging market equities ”