Schroders beats five to win structured credit mandate as pension terminates Franklin Templeton

By Michelle D'souza

Schroders has beat out five other credit managers to win up to $108 million for a securitised credit mandate from a US pension. It comes after investment consultant RVK recommended to terminate the pension’s investment in Franklin Templeton due to “underwhelming performance and decreasing assets”

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TAGS: Structured credit TCW Columbia Voya Schroders Fundraising North America Institutional investor Fort Washington