Investment management arrangements
The Fund has an experienced in-house investment management team which is responsible for the implementation of investment strategy, the management of portfolios and the selection/oversight of externally managed funds and mandates.
Internally managed assets
In alignment with the Fund's investment beliefs, the Fund believes that internal management achieves consistently good long term investment performance at low risk and the lowest cost. The majority of quoted equities are directly managed internally.
External investment managers
In alignment with the Fund's investment beliefs, external investment managers are used when it is not feasible to manage investments internally.
A list of the Fund's external investment managers as well as its equity holdings as at 31 March 2018 can be found in the Downloads at the bottom of this page.