Sprucegrove Investment Management and BPI Global Asset Management have been awarded C$100m (US$65.3m) global equities mandates from the C$2.5bn ($1.36bn) City of Montreal Pension Fund.
Earlier this year the fund put a total of C$400m (US$261.4m) in global equities mandates out to tender. Sprucegrove and BPI's mandates are a result of that tendering process. The fund's controller,...
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