Barclays wins e175m mandate

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EUROPE - Stichting Flexibel Uittreden Nutsbedrijven (Sfn), the e390m pre-retirement fund of the Dutch utility sector, has awarded Barclays Global Investors (BGI) a e175m balanced mandate.

Sfn finance director Rob Schippers said the mandate was transferred to BGI after one of the fund’s two balance managers was sacked due to poor performance. ABP, the second largest pension fund i...

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