Former City Correspondent

Rogge Global Partners, the specialist fixed income manager owned by Old Mutual, has suffered the loss of a $594m (€608m) mandate from the $22bn Illinois Teachers' Retirement System.

The pension fund said it had terminated the London-based firm's international fixed income brief for performance reasons. Rogge refused to comment on the loss.

Ben Wright

Old Mutual

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Old Mutual's Rogge suffers mandate blow

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