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GSAM adds £1bn from Mercer clients

Goldman Sachs Asset Management has been awarded two UK pension scheme mandates in the same week increasing assets under management by over £1bn (€1.4bn).

The £750m University of London pension fund has appointed GSAM to run a £200m currency mandate. Earlier this week the Universities Superannuation Scheme (USS), the third largest private pension scheme in the UK, appointed GSAM to run £940m in UK equities.

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