Ircantec Awards Financial Management Mandates
19 June 2012 (PLANSPONSOREurope.com) - French pension fund Ircantec has awarded ten mandates of financial management.
Assets will be fully invested in 10 mutual funds. The companies passed through a European tender.
This market was divided into 4 groups:
Lot 1, consisted of two mutual funds invested in shares and was awarded to Allianz GI and Edmond de Rothschild Asset Management.
Lot 2, consisting of three mutual funds invested in nominal bonds and was awarded to Amundi Asset Management , Dexia Asset Management and Natixis Asset Management.
Lot 3, consisting of three mutual funds invested in diversified financial assets and was awarded to Allianz GI, BNPP, and CPR Asset Management.
Lot 4, consisting of two mutual funds invested in bonds at rates indexed to inflation and was awarded to BNPP and Natixis Asset Management.