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Lothian Pension Fund appoints new Portfolio Manager

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Lothian Pension Fund (LPF), Scotland’s second largest LGPS pension scheme with over GBP8 billion assets under management, has appointed Gillian De Candole as Portfolio Manager.De Candole joins Lothian Pension Fund from Brunel Pension Partnership where she focused on Private Market Investments. De Candole has over 15 years of experience working in both buy-side and asset- owner capacities, including equity research and fund management at Schroders Investment Management and investing across all asset classes at the Environment Agency Pension Fund.

In addition to her asset management expertise, De Candole’s wealth of ESG knowledge will greatly benefit LPF in the delivery of its Responsible Investment agenda as detailed in its recently published Statement of Responsible Investment Principles.

De Candole, a CFA Charterholder who graduated with an MA(Cantab) and MSci from Cambridge University and earned her MBA from Warwick Business School, says: “I am happy to have moved back to Edinburgh and I’m excited to join the team at LPF. It’s great to be part of the LGPS, investing to support our members, many of whom are (or were) key workers, in their retirement.”

Chief Investment Officer Bruce Miller says: “We’re delighted to have Gillian join the team and to welcome her and her family back to Edinburgh. Gillian joins us at a challenging time for all asset owners with interest rates at record lows. She will focus initially on management of our private markets portfolio, but her breadth of experience will undoubtedly prove beneficial across all of our asset classes.”

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