The £150 million ($180 million) Gulf International Bank (U.K.) Limited Pension Scheme has appointed Aon to provide investment advisory services, following a competitive tender process.
Aon will provide integrated, expert investment advice, including journey planning, to help the scheme trustees make better, more informed decisions. The pension scheme has around 500 members.
“As both a consultant and fiduciary manager, Aon can offer the Gulf International Bank scheme the widest set of options on how it manages its future investment strategy and navigates new forms of volatility,” said Hatty Goodwin, senior investment consultant at Aon. “This will involve integrating our specialist consulting advice and journey planning expertise, with a portfolio full of our best investment ideas through Aon’s fund solutions and a delegated investment approach.”
The Gulf International Bank (U.K.) Limited Pension Scheme invests in both real estate and infrastructure.
