schemeXpert.com (Financial Times)
February 6, 2012

Strathclyde Pension Fund has become the latest scheme to hire a socially responsible investment overlay provider to reduce risk.

Strathclyde Pension Fund used a robust and transparent tendering process to whittle down a list of eight providers for a £100,000 socially responsible investment (SRI) overlay mandate.

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Swedish firm GES Investment Services won the mandate.

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Though Strathclyde plans to use GES to engage with its investee companies, it kept the shareholder voting rights with the investment managers.

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By Owen Walker

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