ABP and SSgA buy into asset manager

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NETHERLANDS/US - ABP and State Street Global Advisors (SSgA) have acquired a minority interest in Sectoral Asset Management through their strategic venturing partnership, State Street Global Alliance.

Montreal-based Sectoral, which was founded in 2000, has US$2.9bn assets under management and specialises in managing global equity portfolios in the healthcare, pharmaceutical and biotechnology sec...

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