Italy's managers look forward to increasing mandates

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ITALY - As the fortieth contractual pension is launched in Italy, money managers are looking forward to an increasing number of mandates as new funds outsource assets and existing ones become multi-investment strategy vehicles.

Fondoposte, a fund for postal workers which received approval to start operating at the end of July, is the latest occupational pensions scheme to start. It will take contributions from employees o...

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