Investment - Articles - Cardano appointed FM for Grant Thornton Pensions Fund

Cardano has been appointed as the fiduciary manager for the Grant Thornton Pensions Fund. The principal employer for the scheme is Grant Thornton UK LPP

 The Trustee appointed Cardano following a competitive tender process. As the Fund’s fiduciary manager, Cardano will provide services including investment advice, investment management, and risk management for the scheme’s £250 million of assets. There will be a particular focus on accurately matching liabilities through a segregated LDI mandate, while delivering steady returns through a dynamically managed growth portfolio.
 Carl Williams, Chair of Trustees, Grant Thornton Pensions Fund, said: “We undertook the market tender as, based on previous experience, we were not sure if fiduciary management was right for us. However, after meeting the Cardano team, it was clear that fiduciary management was what we needed and they were the right team for us.
 “They were effective in engaging with our Trustee Board, and it’s already clear that we’ll be getting first class advice and service, alongside their investment capabilities. Their client references were very impressive, and the smooth and cost-effective onboarding has been an early validation of our decision to appoint them.”
 Steve Berkovi, Client Director, Cardano said: “We’re delighted to have been appointed by the Trustee Board. We can already see this will be a great fit and are very pleased with the relationship built so far. With the assets successfully transitioned, we look forward to working with the Trustee, the Principal Employer and other advisors to help secure members’ benefits.”

Back to Index

Similar News to this Story

Calls for fund managers to vote against firms climate plans
On the 21 and 29 May, natural resource extraction giants, Shell and Glencore, will be holding their respective Annual General Meetings (AGMs), at whic
5 ways for your FI manager to drive sustainable change
The idea that the only way for pension schemes to influence companies is by voting at shareholder meetings has long passed – those invested in fixed i
Profit warnings fall from firms with DB pensions
UK-listed companies with a Defined Benefit (DB) pension scheme issued 18 warnings in Q1 2024. More than a quarter (26%) of all profit warnings issued

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS


Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.