Associated British Ports Group Pension Scheme, London, hired Schroders...

Associated British Ports Group Pension Scheme, London, hired Schroders to run a £60 million ($107.5 million) specialist U.K. equity portfolio, according to a Schroders news release. Schroders will manage the portfolio with the goal of topping the FTSE All Share Index by 2% annually. The £400 million pension fund made the selection after reviewing its investment management arrangements earlier in the summer. Margie Collins, corporate communications manager at the scheme, could not be reached by press time for details.