The asset manager has landed a full portfolio mandate for the defence technology firm’s DB scheme, expanding on its existing mandate overseeing a liability-driven investment portfolio.
UK asset manager Schroders is to become part of US investment giant Nuveen, the companies announced this morning.
Schroders will take on the management of the portfolio for the £3bn E.ON UK Group pension fund, which is part of the £29bn Electricity Supply Pension Scheme.
Isio research has found that 85% of fiduciary managers are using AI in some form, but few are close to using it for significant investment work.
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