Portugese fund awaits green light on tenders

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PORTUGAL - Portugal' s EUR3.8bn Instituto de Gestao de Fundos de Capitalizacao da Seguranca Social is to press ahead with a search for international fund managers for European equities and bond mandates worth a combined EUR600m.

Pedro Barroso, head of investments at the pensions reserve fund said that official tenders are likely by May at the latest, following Portugal’s general election on March 17. Currently, the Lisb...

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