Stichting Pensioenfonds ABP, Heerlen, Netherlands, hired T. Rowe Price and BlackRock to run two U.S. corporate bond portfolios believed to be worth $200 million each. The portfolios are new mandates designed to increase the 320 billion guilder ($150.4 billion) fund’s exposure to U.S. corporate debt. The fund’s entire fixed-income portfolio is worth 180 billion guilders.
Stichting Pensioenfonds ABP, Heerlen, Netherlands, hired T. Rowe Price...
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