Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

34091

Border to Coast launches GBP1.5bn Sterling Index Linked Bond Fund

RELATED TOPICS​

Border to Coast Pensions Partnership (Border to Coast), one of the largest UK pension pools, has launched its latest fixed income product with a GBP1.5 billion Sterling Index Linked Bond fund. 

This will provide Partner Funds with access to sterling-denominated index linked gilts and investment grade corporate bonds.

 
This will be the first fixed income fund directly managed by Border to Coast. The transition to an internally managed fund allows Border to Coast to generate aggregate cost savings for the investors. The Partner Funds involved as initial investors were Durham, North Yorkshire and South Yorkshire.
 
Mark Lyon, Head of Internal Management, at Border to Coast, says: “The launch of our Sterling Index Linked Bond Fund demonstrates the skills and capabilities within Border to Coast to deliver effective investment solutions to our Partner Funds. The importance of this fund is highlighted by the sizeable initial commitments received from Durham, North Yorkshire and South Yorkshire who have supported us in the development and launch of this Fund despite the challenges of the COVID pandemic.”
 
Councillor Mick Stowe, Chairman of South Yorkshire Pension Authority, says:
“Border to Coast is perhaps unique in the way it involves its customers in the development and design of cost-effective investment options across a wide variety of asset classes. We’d like to thank the team in how they have worked with us in designing this fund – which is a key part to allow us to deliver our long-term investment strategy.”
 
Transition management services were provided by BlackRock, with Inalytics acting as transition advisor.
 

Latest News

Bequant has announced that it has launched a new capital introduction platform designed specifically for..
ndosuez Wealth Management has announced the launch of Indosuez Funds - Chronos Green Bonds 2028,..
New global research from industry association Global Digital Finance (GDF) shows most major financial institutions..

Related Articles

graph
The exodus from hedge funds continues with investors questioning unswayed by relatively strong performance from the alternative asset class...
The exodus from hedge funds continues with investors questioning unswayed by relatively strong performance from the alternative asset class...
Waves
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published, entitled The urgent need for better ocean-related data to make informed investment decisions...
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published,..
Frozen soap bubble
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct Authority says has a simple aim: “Financial products that are marketed as sustainable should do as they claim and have the evidence to back it up.”..
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct..
Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by