£43bn public pension pool Border to Coast adds to senior team

first_imgSeparately, the company has hired Jane Firth as head of responsible investment. She formally joined Border to Coast at the beginning of July, moving from South Yorkshire Pensions Authority, where she had been a portfolio manager for more than 25 years.She had already been working closely with Border to Coast and its other partner LGPS funds for around 18 months before transferring to the pension partnership, Elwell said.Firth remains Border to Coast’s cross-pool representative on responsible investment, but stepped down from her role on the executive committee of the Local Authority Pension Fund Forum (LAPFF) to focus on her role at the LGPS pool. Chris Hitchen, chair of Border to Coast, was recently voted onto the LAPFF executive.  Long was previously CIO at Aviva UK Life from 2015 to 2017, as part of which he managed the transition of around £60bn (€67bn) of assets to the group’s in-house manager after the acquisition of Friends Life.Border to Coast brings together 12 LGPS funds – Bedfordshire, Cumbria, Durham, East Riding, Lincolnshire, Northumberland, North Yorkshire, South Yorkshire, Surrey, Teesside, Tyne & Wear, and Warwickshire – with £43bn of assets between them. It opened to investment last month with £7bn worth of assets in its first two funds.It recently signed up to the LGPS’s cost transparency code, becoming the third of the UK’s eight asset pools to do so.“As a customer-owned and customer-focused organisation, Border to Coast is committed to providing clear, concise and fully transparent reporting to its customers and other stakeholders,” it said.Brunel Pension Partnership and LPP Investments have also signed up to the code. Border to Coast Pensions Partnership has launched the search for a permanent head of external investment capabilities as it seeks to build up its senior team.Former Aviva CIO Graham Long has been carrying out the role on an interim basis since joining the Local Government Pension Scheme (LGPS) collaboration in March on a short-term contract.Border to Coast had from the outset intended to carry out a full recruitment process for the permanent role, according to Rachel Elwell, CEO for the pensions partnership.Elwell told IPE the company hoped to announce its permanent chief investment officer and head of research later this summer. John Harrison joined the pool as interim CIO in February.last_img read more

Group stages continue in Texas

first_imgMcIlroy will play American Kevin Na, with both men unbeaten so-far in Group 3.Elsewhere, Lowry goes up against Zach Johnson and McDowell plays Thongchai Jaidee.last_img

Pedrosa, the LaLiga sprinter

first_imgValverdeReal Madrid35.06 Ferran T.Valencia34.91 RunnerEquipmentSpeed There is a lineage of players for whom the final sprint is not only that section of the championship that is still in the air due to the coronavirus. They are soccer players so athletic they would be capable of contesting a few meters to Usain Bolt himself, on whose world record he used a average speed of 37.58 kilometers per hour. And, among those hares, the king is Adrià Pedrosa.The side of Espanyol, with una point of 35.11 km / hour, is the sprinter of LaLiga, the fastest footballer in the 27 days that have been played, just ahead of Real Madrid’s Fede Valverde and Hernani Jorge Santos of Levante, the only ones capable of reaching 35 km / hour according to data from the competition itself. Pedrosa also establishes with this record the speed record in the history of Espanyol, at least since technology allows saving this type of figures. PedrosaSpanish35.11 M. LlorenteAthletic34.9 Óscar R.Leganes34.95 Not a month ago, On February 27, Pedrosa was measured in Cornellà with one of the few players who exceed his speed: the attacker from Wolverhampton Adama Traoré. The one of L’Hospitalet is the Premier League sprinter with 36.2 km / hour, which shows that there is always room for improvement.The fastest in LaLiga It is not by chance, and not by his last name (it has nothing to do with the biker), since the same day of his debut, on November 1, 2018 in the Copa del Rey against Cádiz, the left-handed already established the best parrot brand ever with 35.03 km / hour. And his rise to fame occurred in the Espanyol-Atlético de Madrid last year, on May 4, when ran 87.8 meters with the ball glued to the foot until it ended causing an own goal by Diego Godín. Pau TorresVillarreal34.93 HernaniI raised35last_img read more