Friday 29 October 2021

Wales Pension Partnership (WPP) launches an Emerging Markets Equity Fund

The Wales Pension Partnership (WPP) is pleased to announce the launch of the LF Wales PP Emerging Markets Equity Fund on 20th October 2021 with an AUM of £505m. Link Fund Solutions Limited, as Operator of the Fund, have appointed investment solutions provider Russell Investments Limited as Portfolio Manager of the multi-manager strategy. The Fund will leverage Russell Investment’s Enhanced Portfolio Implementation (EPI) framework, in order to reduce aggregate levels of trading and to provide the WPP with improved governance and control from an ESG perspective. The Fund aims to achieve reduced carbon footprint and carbon reserves at Sub-fund level, targeting 25% lower than the MSCI EM Index.

Sub-delegates include; Artisan Partners, Axiom International Investors, Bin Yuan Capital, Barrow Hanley Global Investors, Numeric Investors and Oaktree Capital Management.

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