Investment manager Zurich Scudder has secured a £70m (€113m) UK equity brief from the Air Canada UK pension fund, marking an important step forward for its institutional business development.

Air Canada, advised by William M Mercer, selected Zurich Scudder's active UK style to replace incumbent Barclays Global Investments, who had been managing UK equities passively.

Mike Foster

Air Canada

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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UK equity debut for Zurich Scudder

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