U.K.

Investment Strategy

Leicestershire gives IFM 35 million pound mandate

Industry Funds Management, which manages about US$32 billion, says the U.K.’s Leicestershire County Council Pension Fund has given it a 35 million pound mandate to invest in infrastructure. “This mandate is a significant milestone for IFM,” Christian Seymour, IFM’s head of infrastructure Europe, says in a statement. Melbourne-based IFM manages about US$10 billion in infrastructure […]
Investment Strategy

Calastone seeks big slice of managed funds market

Calastone Ltd., the specialist messaging and translation service for managed funds, says it expects to mirror its U.K. market share of 80 per cent in Australia as the $1.3 trillion in superannuation funds seek electronic rather than manual processes. Founded in March 2007, Calastone is a messaging hub that sits in the middle of buyers […]