SSgA secures $184m from two Italian pensions

ITALY - BNL/BNP Paribas Employees' Pension Fund has hired State Street Global Advisors to run an €82m ($113m) custom fixed income mandate while the Cariplo Pension Fund renewed a European equity mandate worth $71m.

SSgA will run 50% of the portfolio against the Barclays Capital Inflation Linked Global Bond Euro index and the other half against the JPM Global GBI EMU IG. "We are honoured that BNL/BNP Paribas Employees'...

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