US managers see boost in hiring activity in 2010

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US - The number of new mandates placed by US institutional investors increased 16% in 2010 with a sharp increase seen in specialist mandates like real assets, commodities and other alternatives.

Tracking data from manager consultant Eager, Davis & Holmes shows investors placed 2,352 mandates with new managers in 2010 worth a total $164bn. In 2009, total mandates were 2,033 worth a combined...

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