Danish teachers pick SSgA for $271m bond mandate

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DENMARK - Lærernes Pension, the pension fund for Danish teachers, has hired State Street Global Advisors (SSgA) to run a $271m US investment-grade bond portfolio with an environmental, social and governance screen.

SSgA is replacing another manager that was terminated, confirmed Lærernes portfolio manager Morten Roed Eriksen. He declined to name the manager. Lærernes applies an ESG to its entire €5.5bn ($7...

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