The C$2.5bn (US$1.7bn) City of Montreal Pension Fund is set to tender for a manager to run a combined Brady bonds and high yield mandate in September, according to Johnny Quigley, the fund's controller.
Currently, the fund is studying various high yield and Brady bond products, and Quigley said that once that finishes in early September, the mandate will be put out to tender. The brief will be wor...
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