Biffa Pension Scheme, High Wycombe, England, hired Aon Hewitt as fiduciary manager for its £70 million ($112 million) equity portfolio, according to a news release from Aon Hewitt.
The firm already is investment consultant to the £250 million fund and will retain that role for the remainder of the fund's portfolio, which comprises bonds, hedge funds, real estate and infrastructure.
Spokesmen at Biffa and Aon Hewitt did not respond to requests for further information by press time.