Award of Transition Execution Services for West Sussex Pension Fund
Awarded 31 May 2021
About
West Sussex County Council awarded a contract to Northern Trust for transition execution services for the West Sussex Pension Fund.
The contract, valued at £462,934, was procured through Lot 2 of Norfolk County Council's Framework Agreement for Transition Management and Implementation Services.
The transition manager was appointed to fully redeem legacy mandates cost-effectively, maintain market exposure throughout, and invest in the new global equity and fixed income sub funds of the ACCESS Pool in line with the specified allocation.
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