SPP wins passive mandate from church fund

The Stockholm-based pension fund for church employees has appointed SPP Kapitalförvaltning for a Skr1bn (€120m) passive global equity brief.

SPP was deemed the best choice in a beauty parade including unnamed international providers, said Lars Sköld, director of administration for the pension fund. Track record, fees, local presence and communication were some of the criteria considered, he added.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached