TITLE

Nest is aiming for safety first

PUB. DATE

November 2010

SOURCE

Money Marketing;11/18/2010, p10

SOURCE TYPE

Periodical

DOC. TYPE

Article

ABSTRACT

The article reports on the issuance of five investment mandates by the National Employment Savings Trust Corp. (NEST) for default fund in Great Britain in 2010. The mandates are for a passive Great Britain gilts fund, an active low-risk cash management fund and a passive global equity fund. According to Mark Fawcett, chief investment officer at NEST, the decision of issuing a global equity mandate was pushed by the membership's high level of exposure to the economy.

ACCESSION #

56556587

 

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