Kent County Council Superannuation Fund, Maidstone, England, selected Longview Partners, M&G Investments, Magellan Asset Management, and Sarasin & Partners for a preapproved list of active, long-only global equity managers to run between £150 million ($239.5 million) and £200 million, according to a notice from Tenders Electronic Daily, a European procurement website.
The £3.4 billion superannuation fund issued an RFI in February. The search was conducted to allow more flexibility in the fund's £1.1 billion global equity portfolio. There were no plans at the time to make any changes in the fund's manager roster.
Investment consultant Hymans Robertson assisted.
Nick Vickers, head of financial services, could not provide further information by press time.