Singer & Friedlander Investment Management has won a mandate to manage around €15m in assets being outsourced by Rederi AB Soya, the Stockholm-based shipping company.
Singer & Freidlander, which has £1.4bn (€2.2bn) in assets under management in its institutional division, will run a pan-European large cap portfolio, benchmarked against the FTSE World Europe total return index, excluding Sweden.