Former City Correspondent

Pallada Asset Management, the Moscow-based investment firm that is part of the State Street Global Alliance, has won a 180m rouble (€5.4m) mandate from Russia's fourth-largest pension scheme.

The 1.9bn rouble pension scheme is the non-state pension fund of the electric power industry. Pallada has been awarded a R180m active mandate.

Pallada bags Russian power pension fund mandate

Ben Wright

State Street

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