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Investec wins £20m Northern Trust UK corporate bond mandate

Investec Asset Management, the fund manager with £17bn (€24.8bn) in assets, has been appointed to run £20m in UK corporate bonds for Northern Trust Multi-Manager Funds.

Michael Markham will run Investec's portion of the fund and aim to beat the Merrill Lynch sterling non-gilts benchmark by 0.75 of a percentage point.

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