ITALY - The circa €660m (US$840.9m) open pension fund Arca Previdenza is set to receive new members following a decision by supervisory authority COVIP that the €3m Fondo Pensione Complementare Nazionale Famiglia will be liquidated, MandateWire reports.
As a result of the ruling, asset manager Eurizon Capital will lose its balanced mandate after handing assets over to Arca Previdenza. Arca Previdenza is part of Arca Sgr, which was founded by t...
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