Cometa hires consultant for investment manager overhaul

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ITALY - Italy's largest pension fund Fondo Cometa has hired MangustaRisk to conduct what could be the year's largest manager search in Europe.

All of the €4.3bn (US$6.1bn) Fondo Cometa's mandates, which are currently managed by nine asset managers, will expire in April 2010. MangustaRisk partner Andrea Canavesio said: "This manager sea...

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