25 February 2020
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Italian pension fund Fonchim has selected Credit Suisse Asset Management to manage €260m through a balanced passive strategy in the fund's growth segment on behalf of the Italian scheme.
Fonchim is the pension fund for the chemical sector in Italy whose assets under management sit around €6.8bn.
The mandate will be managed by Credit Suisse AM's balanced solutions team based in Milan, which specialises in multi-asset strategies.
