Hammerson Group Management Pension & Life Assurance Scheme transferred the management of its assets to Singer & Friedlander Investment Management, replacing Prudential Portfolio Managers. SFIM’s investment process was ‘‘more appropriate for our fund,’’ said Stuart Haydon, Hammerson secretary.
The fund will be managed to a benchmark made up of 80% U.K. equities and 20% U.K. index-linked gilts.
