Swansea chooses First State

The pension fund committee has authorized bfinance to evaluate the tender.

City & County of Swansea Pension Fund has chosen, but not yet approved First State as its infrastructure manager. The pension fund committee has invited a final tender from the GP.

The GBP2 billion UK public pension has a 2 percent target allocation to infrastructure.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.