Fund mandates of the week: BT, Alitalia, East Sussex

UK's largest pension scheme hands out consulting mandate as other schemes hand out assets to third parties

The UK's largest pension scheme handed a mandate to one of the world's largest investment consultants this week, as the BT Pension Scheme called on Mercer for services, including advice over manager selection. It came as two other pension schemes also announced significant mandates.

Investment consulting

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