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Aberdeen Asset Management has picked up two significant institutional mandates for its global equities and Australian fixed interest businesses.
The fund manager announced that it had received a $150 million fixed income mandate from the Non-Government Schools Superannuation Fund and a “sizeable” global equities mandate from ING IM Multi-strategies Group.
Commenting on the mandates, Aberdeen’s Australian head, Brett Jollie, said he believed they represented an endorsement of the company’s Australian fixed income and global equity teams.
