The BA corporate pension scheme has assets worth over £21billion, meaning the transfer is one of the biggest of its kind to an external investment manager.
British Airways Pensions has decommissioned its in-house investment operations, moving all assets to BlackRock as outsourced chief investment officer (OCIO).
BlackRock to run €24bn British Airways pension schemes citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.