UK Border to Coast pension targets China, EM mandates

US public pension funds may be under pressure from Washington not to invest into Chinese assets these days, but their British counterparts are not facing such obstacles. In late April, Border to Coast Pension Partnership, a local authority retirement pool in northwest England, invited fund houses to pitch for a dedicated China equity mandate of up to £300 million ($365 million). The fund is restructuring and ramping up its exposure to developing countries generally. It is in the…