Cardano has been appointed by the trustees of the AstraZeneca Pension Fund, one of the UK’s largest pension funds with over 3bn in assets.
Cardano will be providing them with the full range of investment advice including strategy, risk management and fund manager selection.
“We are all thrilled to have been appointed by the AstraZeneca Trustees. They have always been early adopters of leading-edge investment structures and this matches our innovative approach perfectly. This is a fantastic success for the London team and a clear demonstration that the UK market is ready to embrace new models to guide them through the increasing complexity of pension fund investment,” says Kerrin Rosenberg, CEO, Cardano UK.
“We selected Cardano for a number of reasons, not least the breadth and depth of their team’s expertise. We were also very impressed by their business model and ability to provide a full service,” adds Graeme Musker, chairman of trustees at AstraZeneca.