Updated:
De Beers UK Pension Fund
The De Beers UK Pension Fund was established to provide defined benefits to employees of De Beers UK Limited, the UK operating subsidiary of Anglo American...
De Beers UK Pension Fund
The De Beers UK Pension Fund was established to provide defined benefits to employees of De Beers UK Limited, the UK operating subsidiary of Anglo American plc. No public founding date is recorded. The scheme allocates across global equities, cash equivalents and private debt. Confirmed holdings include positions in LGIM Future World Global Equity Index Fund and LGIM MSCI ACWI Adaptive Capped ESG Fund, each representing half of the DC section global equity allocation. Remaining assets sit in Partners Group private debt funds. Geographic exposure spans the United Kingdom and global markets. Assets total $1.1B. The fund maintains service relationships with Barnett Waddingham as scheme administrator, Hymans Robertson as investment adviser and Legal & General Investment Management as an investment manager. In 2024 the scheme completed an £870 million full buy-in with Pension Insurance Corporation to secure member benefits. The fund is governed by a trustee board chaired by Mike Page and maintains a formal Responsible Investment Policy with annual TCFD reporting. Its structure is a conventional UK private-sector pension scheme with no external fund-raising or third-party capital.
General information
Firm type
Pension Fund
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Principals
Mike Page
Chair of the Trustee Board
Frequently asked questions
Who runs investment decisions at De Beers UK Pension Fund?
Mike Page serves as Chair of the Trustee Board. Day-to-day investment advice is provided by Hymans Robertson and Legal & General Investment Management.
Does De Beers UK Pension Fund participate in fund commitments or only direct deals?
The scheme holds fund commitments through Partners Group private debt vehicles and listed equity index funds managed by LGIM.
What asset classes does the fund currently hold?
Holdings include global equities via LGIM funds, cash equivalents via Fidelity, and private debt via Partners Group.
How is the fund related to De Beers Group?
De Beers UK Limited is the sponsoring employer. Anglo American plc is the ultimate parent of the sponsor.
What recent transaction secured member benefits?
In 2024 the scheme entered a full buy-in contract with Pension Insurance Corporation covering over 1,900 members and £870 million of liabilities.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: