Italian pension fund hires new managers

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ITALY - The Fondo Pensione Casalinghe has appointed RAS Asset Management and CDC IXIS Asset Management to run its e115m portfolio.

RAS will manage a e86.25m equities and bonds mandate, while CDC will run a similar brief worth e28.75m. CDC has replaced Morgan Stanley, which held a e10m brief, while RAS previously held a e30m...

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