Brunel selects Blackrock to provide bespoke risk management framework

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PRESS RELEASE, 17 December 2019


Brunel Pension Partnership Limited (Brunel) has appointed BlackRock to deliver bespoke investment risk management services to our LGPS Clients. Brunel undertook a thorough search for the right partner to deliver the best possible solution, with a view to offering Clients the ability to manage a range of risks, including inflation, interest rates, equity and currency risks.

David Cox, Head of Listed Markets, Brunel Pension Partnership Ltd_crop“Rather than limiting risk management to traditional Liability Driven Investment (LDI), we are keen to offer our Clients a comprehensive risk management framework” says David Cox, Head of Listed Markets at Brunel. “We are keen to empower our Clients wherever possible, and this includes equipping them to manage their strategic risks and exposures across asset classes. The platform we are able to offer with BlackRock will enable us to meet the investment risk management requirements of our Clients in these uncertain times.”

BlackRock were chosen because of their technical expertise, range and scale, and their willingness to understand and address the particular needs of the LGPS.

“We’re delighted to have been selected by Brunel to partner with them and offer their Clients a full suite of tailored risk management solutions, integrated within one investment platform,” says Sarah Melvin, Head of BlackRock’s UK Business. “We look forward to working together to evolve how Local Government Pension Schemes think about and manage their unique set of risks.”

Brunel Pension Partnership logoAbout Brunel Pension Partnership Limited

Brunel Pension Partnership Limited (Brunel) brings together c.£30 billion investments of 10 likeminded Local Government Pension Scheme funds. We believe in making long-term sustainable investments supported by robust and transparent process. We are here to protect the interests of our Clients and their members. In collaboration with all our stakeholders we are forging better futures by investing for a world worth living in.

Brunel is one of eight national LGPS pools and will manage the investment of the pension assets for the funds of Avon, Buckinghamshire, Cornwall, Devon, Dorset, Environment Agency, Gloucestershire, Oxfordshire, Somerset and Wiltshire.

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About BlackRock BlackRock_rgb

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of 30 September 2019, the firm managed approximately $6.96 trillion in assets on behalf of investors worldwide.


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