Pegaso allocates €60m in to SSgA

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ITALY - Fondo Previdenziale Pegaso, the pension fund for employees in the Italian utility services, has hired State Street Global Advisors to run a €60m (US$76m) active fixed income mandate.

SSgA acquired $24b in active fixed income assets worldwide in the first half of this year, the firm said in a release. Bill Street, co-head of the global fixed income team at SSgA said: "In an i...

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