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NEST appoints JPMAM for high yield bond mandate
The National Employment Savings Trust (NEST) has appointed J. P. Morgan Asset Management to run a new high yield bond mandate, with an initial allocation of £40m.
The auto-enrolment pension provider announced the new fund today, which will be added to the "building blocks" that make up the NEST Retirement Date funds. It said it will help further diversify members'...
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