Pensco, the pensions management company headed up by former KBC Asset Management chief Gavin Caldwell, has linked up with the asset management arm of Northern Trust, to offer index funds and global cash funds to Irish defined contribution (DC) pension market.
As part of the agreement, Northern Trust Global Investment (NTGI) launched an Irish equity index fund, benchmarked against the ISEQ index, so that a complete range of funds would be available through Pensco's platform. Since its launch last autumn, approximately ?22 million has flowed into NTGI's funds. |
