Danish fund hires Russell to manage $50m mandates

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DENMARK - The Dkr16bn(e2bn) Finanssektorens Pensionskasse, financial sector pension fund, has hired Russell to run a $34m (e28m) Japanese and emerging market equity mandate.

The fund has also invested $16m in Russell’s hedge fund of funds programme, representing its first investment in the area. Søren Schjødt-Hansen, CIO at the fund, said a review found multi-manage...

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