EconomyUK’s Nest pension shifts £3.5 billion in emerging-market equities to Wellington
Nest, Britain’s largest workplace pension scheme, has transferred its entire £3.5 billion emerging-market equity portfolio to US active manager Wellington Management. An executive said the move ends its focus on index investing and is intended to better manage sustainability risks.
UK’s Nest pension shifts £3.5 billion in emerging-market equities to Wellington
