Superannuation Arrangements of the University of London hired Newton Investment Management as a real return manager, Newton spokeswoman Vee Montebello confirmed.
Ms. Montebello could not provide additional information. Penny Green, CEO of the £1 billion ($1.48 billion) plan, was out of the office and could not be reached for further details. A spokesman for Mercer, the plan’s consultant, said the firm does not comment on client matters.