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UK's Nest pension picks Wellington in £3.5 billion emerging market active equity shift
Source: reuters.com
Emerging MarketsGreen & Sustainable FinancePrivate Markets & Venture

Nest, Britain’s largest workplace pension scheme, shifted its entire £3.5 billion ($4.6 billion) emerging-market equity allocation from index strategies to active management by Wellington Management. The move is intended to improve management of sustainability risks, highlighting institutional demand for active ESG-focused investing in emerging markets.
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