Devon County Council Pension Fund is seeking bond and equities managers to run three specialist portfolios worth a total of ÃÂ£580m (Ã¢ÂÂ¬732m), after terminating a contract with Capital International and deciding to outsource its internally managed fixed-income portfolio.

According to an official tender notice, the approximately Â£2.2bn fund wants to outsource Â£300m in global fixed income, Â£100m in global emerging markets equity and Â£180m in global equity. Consultant bfinance is assisting with the search.

Devon scheme puts ÃÂ£580m up for grabs

Johanna Symmons

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