Global Equities
Two sub-funds have been established for investments within the Global Equity Asset Class
Global Growth Fund
Global fund consisting of three underlying investment managers
Investment Manager: Waystone Management (UK) Limited
Underlying Investment Managers: Baillie Gifford, Veritas and Pzena
Participating Funds: RCT, Dyfed, Gwynedd, Powys and Cardiff
Portfolio Value as at 31 March 2023: £3.3bn
Launch Date: January 2019
Global Opportunities Equity Fund
Global & Regional fund consisting of eight underlying investment managers
Investment Manager: Russell Investments
Underlying Investment Managers: Intermede, Morgan Stanley, Nissay, Numeric, Sanders, Jacobs Levy, SW Mitchell and Oaktree
Participating Funds: Swansea, Torfaen, Gwynedd, RCT, Clwyd and Cardiff
Portfolio Value as at 31 March 2023: £3.3bn
Launch date: January 2019