Italian industry pension fund Fon.Te appoints Paydel & Rygel to €230m mandate

Eugenia Jiménez
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Italian industry pension fund Fon.Te appoints Paydel & Rygel to €230m mandate

Italian industry pension fund Fon.Te has selected the fixed income specialist Payden & Rygel to manage a global governments portfolio on behalf of the Italian scheme. Fon.Te is the pension fund for trade, tourism and service workers in Italy. Nicolo Piotti, managing director, Payden & Rygel said: "Fon.Te is one of the leading Italian pension funds and we are very pleased to have won this mandate following our participation in the public tender published earlier this year." Joan Payde...

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Eugenia Jiménez
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Eugenia Jiménez

Eugenia Jiménez speaks Spanish and is Iberia Correspondent for Investment Europe covering Spain & Portugal, as well as Italy.