The west London tri-borough partnership has established an integrated pensions and treasury team responsible for managing £1.5bn of pooled pension assets and £500m of cash investments. A new team, based at Westminster City Council, has begun handling management of the combined assets - which also include those owned by Hammersmith and Fulham LBC and Kensington and Chelsea RLBC. Led by Jonathan Hunt, the tri-borough director for treasury and pensions who began his role working across the three councils in January, the shared service will also involve the input of colleagues from the part- ner authorities.
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