Royal Shakespeare Theatre Pension Scheme appoints P-Solve as fiduciary manager
Trustees of the pension scheme for the Royal Shakespeare Company have appointed P-Solve to manage its investment strategy.
They assessed 15 potential providers before selecting P-Solve.
Scheme trustee David Burbidge says: “We looked into fiduciary management because we wanted access to a wider range of investments than would have been available to a pension fund of our size.
“This included instruments such as interest rate and inflation rate hedges, which should give us a better performance by allowing us to have a higher proportion of return-seeking assets rather than bonds.
“Asset allocation was also a big factor. We wanted to take a much more active approach and we felt that, to be sufficiently nimble, we needed to delegate to a fiduciary manager. We were extremely impressed by P-Solve’s level of commitment and the clear drive to perform across the organisation.”
P-Solve’s Paul Kemmer says: “Performance is clearly an ethos that runs through the Royal Shakespeare Company. For us, too, it’s central to everything we do and means we enjoy an effective working partnership.”
The scheme is based at the home of the RSC, Stratford-upon-Avon in Warwickshire.
- By Category
- News from other sites
- Special Reports
- Partner events