SSgA wins e800m Sanofi Aventis mandate

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EUROPE -State Street Global Advisors' (SSgA) has been appointed by Sanofi Aventis to manage a e800m currency overlay mandate for Sanofi Aventis' Pension Trust, Aventis.

The new mandate expands State Street’s existing relationship with Sanofi Aventis, the French pharmaceutical company. SSgA’s German subsidiary has already been awarded in 2003 a e700m passive global...

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