The University of Warwick has appointed Towers Watson as delegated chief investment officer (CIO) and actuary for its £120 million pension scheme.

The appointment will lead to a combined approach to investment and actuarial services for the scheme.

Chris Ford, head of investment for Europe, the Middle East and Africa (EMEA) at Towers Watson, said: “We are delighted that the University of Warwick pension scheme has appointed us in these roles, particularly in the fast-growing fiduciary management area, where the combination of clarity-of-performance goals versus liabilities and a highly-dynamic relationship is very appealing for many funds.

“This appointment also shows how a flexible delegated service can be effective and relevant for funds with £100 million of assets, as well as for funds with over £3 billion of assets.”

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