Wellington Management Company

Investment Strategy

GESB awards $2.28 billion to managers

Increasing the global focus of its fixed-income portfolio, including gaining greater access to international credit markets, is behind a decision by GESB to award mandates worth a combined $2.28 billion to three fixed-income managers. Steve McKenna, GESB’s acting chief investment officer, said that Wellington Management Company was awarded a $706 million mandate to manage part […]