News in brief from the past seven days...: The Greater Manchester Pension Fund has appointed Stone Harbor to manage a £1bn multi-asset credit mandate The Greater Manchester Pension Fund has appointed Stone Harbor to manage a £1bn multi-asset credit mandate. The investment firm intends to invest across fixed income including global sovereign debt, investment grade, corporate debt, securitised debt, high yield, emerging market and corporate debt. GMPF vice deputy councillor Gerald Cooney said: “The aim of the new mandate is to achieve broadly equity like returns with lower volatility.