Pimco, the fixed income fund manager, has been hired by the UK's Devonport Royal Dockyard Pension Trustees as a bond manager for a £105m (€152m) mandate.  
 

The mandate will be benchmarked against a combination of fixed income, index-linked and corporate bonds and seeks returns of 1.5%, relative to the benchmark.Â 

Jason Corcoran

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Pimco wins £105m dockyard mandate

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