Centrica Awards Schroders £10 Billion OCIO Mandate
Posted on 04/05/2022
Energy provider Centrica selected Schroders Solutions as its outsourced chief investment officer (OCIO) for its £10 billion in pension scheme assets. The assets will be managed in an “open architecture framework,” and Schroders will help Centrica’s trustees develop its three schemes’ investment strategies, build the overall portfolio, and direct third-party managers. Furthermore, seven in-house Centrica…